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Jul 13, 2023 at 08:01 AM

How to Post Self Invoice on SAP S4 HANA Public Cloud?

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Hi Guys Hope you are all doing great.

I have a one critical requirement from my client. They wanted to Post Self Invoice below is the calculation as per Indian Tax Calculation:

Self Invoice for Imports

Assessable Value (INR)

42,235

Customs Duty 20% on Assbl Value

8,447

SWS 10% on Customs Duty

844.7

Customs Duty + SWS

9,291.7

GST Base (Assbl Value + Customs Duty + SWS)

51,526.7

GST @18%

9,274.8

How can we configure this formula in our SAP System so that value should be calculated automatically and it should not hit Inventory. Which App we should use as In Create Incoming Invoice app there is no field for Custom duty calculation or Tax assignment. Please advise the Possible Scenarios for this Transaction in detail which app we should use and how to configure this formula.

Your help is valuable. Thanks in Advance.