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MIRO Entry vat amount diff.

pranav_gupata
Participant
0 Kudos

Hi Expert,

we are doing MIRO Entry, with the refrence of PO. in PO Packing Chages  Rs.250 Mentioned in Vendor Invoice see the below entry.

Base Amount                          4320.00

Add Packing Charges                 50.00

   Sub Total  -1                         4370.00

12% Excise Duty                      524.40

2% Edu Cess                             10.48

1% H/S Ess                                 5.24

     Sub-Total 2                        4910.13

12.5 VAT                                    613.76


G.Total R/o                                5524.00


While doing Miro.

VAT amount difference coz of Packing Charges Rs. 50.

wht should i do in this case ..

Kind regards

Pranav Kr.Gupta

Accepted Solutions (0)

Answers (1)

Answers (1)

former_member229069
Participant
0 Kudos

Hello,

Check your condition records maintained for VAT calculation.

Thanks

pranav_gupata
Participant
0 Kudos

Hi Chetan,

Ref. above discussion everything is correct only problem is vendor added Extra Packing Charges Rs.50.on  Excise invoice. dated  may month 2014, J1iex is completed duty is also correct , but while MIRO time why system giving Diff for VAT Calculation.

Tax code is 12 2 1 and VAT 12.5.

Kindly help.

Thx

pranav

former_member229069
Participant
0 Kudos

Hello,

At the time of MIRO go to the TAX tab and manually change the tax base amount you will get the correct amount of VAT.

Thanks

pankaj_pandey2
Active Contributor
0 Kudos

HI Pranav,

Are you considering it as unplanned cost and giving value in uplanned cost. if this is the scenario check your settings of unplanned cost. it is calculating tax on unplanned cost.

regards

Pankaj Pandey

former_member182489
Active Contributor
0 Kudos

HI Pranav,

Post the invoice with correct values as in PO or GR .

Now do a Sub. Dr memo to for the additional 50 rps and add the vat amount as a new line item into it.

regards

manu

pranav_gupata
Participant
0 Kudos

Hi Chetan.

there is no option where u can give manual amount like as u said Base amount.. Tax tab is there but with reference of Tax code only.. u cant give manual.

kindly send me the screen shot where you can give manual Base amount for Vat.

Thanks

pranav

pranav_gupata
Participant
0 Kudos

Hi Pankaj,

i thing u talking about controlling point of View, here problem is Vat tax calulated wrongly.

FYI.

Thx

Pranav.

pranav_gupata
Participant
0 Kudos

Hi Manu,

i have also done the same thing if Vendor charges without PO Refrence Like Packing Charges Extra then you can do GL account give Debit Rs. 50 .. and simulate system will give the post the document. but my concern is VAT 12.5% on Base amount+all three Excise duty then , you can calculate 12.5%. VAT.

why system not correct amount piking 12.5% VAT.

Kindly help me

Thx

Pranav

pankaj_pandey2
Active Contributor
0 Kudos

HI pranav

It is not relating to controlling. Please show how are you processing paking cost in MIRO?

If you are giving there in unplanned delevey cost, System would be calculating VAT of taht cost also.

Check the same.

Regards

Pankaj Pandey

former_member182489
Active Contributor
0 Kudos

It will not pick . If you want to reflect as you said . Then Reverse the GR and change the PO with the additional 50 as  new Cdn value .Do the GR again and do the Miro posting.

What i have mentioned above is you need to post the Miro without the 50 additional charge ( as its not mentioned in the PO). Then do a sub. dr entry  charge manually the 50 and your vat component.

regards

manu