Steps in case of imported p.o

Question

PL.TELL ME STEP BY STEP FOR IMPORTED P.O. WHICH VENDOR iHAVE TO ENTER.
THANKS
NIRUPAMA

Answer 1

hi
when creating an imports PO follow the following steps:
1. Make sure that your vendor is created as a imports vendor, mention the country of the vendor, in accounting information view select Minority ind. as foreign vendors.In Purchasing data specify the vendor country currency if you want the PO to be raised in that currency eg. USD or INR if you want it in rupees. and in Schema group vendor choose imported vendor.
This should ensure that your vendor is created as imports vendor.
2. While creating the PO choose the document type for Imports PO, and mention all other imformation as usual. In case there are various customs duties involved then you will need to mention these manually in the conditions tab against the various customs conditions eg. JCDB, JCV1, etc.
once you have specified these conditions, choose the customs conditions one by one and choose the condition detail button here go and change the vendor to the customs commisioner of the receiving port for each of the customs condition.
Save the PO
3. Now for a imports PO with customs duty we would first need to do MIRO for the customs duty against the customs commisioner as a vendor. So goto MIRO specify the PO choose Planned delivery costs, choose the vendor as customs vendor and do MIRO.
4. then go ahead and do excise receiving or MIGo as applicable and the above customs invoice will be required as reference.
5. after excise capture post and goods receipt, now you can do MIRO for the material received.
hope this helps
reward if helpful.