Skip to Content

TAX AMOUNT IN TAX1 OR TAX2 IN Landed cost to Journal entry with out getting effect on Item cost

Hi Experts

I had Purchsed an Item (Import) and the Import Purchase does not have VAT applicable

I had a Broker who deal with clearing in Custom


Total cost of Item Purchase * 5 % (Custom Duty) This is been paid by the Broker

Now broker will given the invoice for both custom duty and VAT

For eg: Item cost : 21189 (GRN Total Value)

Custom Duty : 21189 * 5% = 1059

Now Vat is applicable on the Total amount

(GRN Total)21189+1059(Custom Duty)*5%(VAT)= 1124(Vat Amount)

The broker gives me the invoice like this

Custom Charges : 1059

Handling Charges : 124

VAT : 1124


Total : 2307

Now i need to book the Landed cost like this, in which, Custom Charges & Handling need to get effect on Item cost, but not the VAT Amount

same time when i post AP Invoice against The broker based on Landed cost

This VAT amount should be effected, also in the VAT Report.

How is it possible ?, am using SAP B1 9.2


Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

0 Answers

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.