Hello Gurus,
I am looking for some information on the facilities provided by the pricing procedure.
I would like to know how the net price is determined (how to mention which steps / conditions are to be included in the computation of the net price).
As an example, the discount condition R000 are included in the computation of the net price in the standard shema. I have a couple of conditions for freight and insurance as well. But they are also affecting the net price. How to stop that? Using a condition as statistical takes it out of the calculation.
Please help!
Thanks,
Aroop
Put Statistical Indicator on for Condition types which you want not to Calculate on Net Price in M/08 trxn code
Hi,
Briefly eloborated pricing procedure is given below.
Sl.No. Formula
1 Basic rate
2 Quantity
3 Cost 1*2
4 Discount %
5 Cost of materials 3* (100-4)
5a Special tools cost buyer paid to supplier
5b Total cost 5+5a
6 Packing on 5b
7 Forwarding charges on 5b
7a Service tax on 7 12%
7b Cess @ 2% on 7
7c SHECess @ 1% on 7
8 Excise Duty on (5b + 6 ) 14%
8a Cess 2% * (5b+6)
8b SHECess 1% * (5b + 6)
9 Sub-total (5b + 6 + 7 + 7a+ 7b + 7c + 8 + 8a + 8b)
10 VAT on 9 or CST on 9
11 Sub-total 9+10
12 Freight
12a Service tax 12% on 12
12b Cess 2% on 12
12c SHECess 1% on 12
13 Sub-total 111212a12b12c
14 State level entry tax on 13
15 Octroi within state on 14
16 Transit insurance premium
16a Service tax on transit insurance premium
16b Cess @ 2% on 16
16c SHECess @ 1% on 16
17 Sub total 1314151616a16b16c
18 Documentation charges
19 Third party inspection charges
19a Service charges on 19 12%
19b Cess @ 2% on 19a
19c SHECess @ 1% on 19a
20 Cost of funds when advance given with PO
21 Installation and commissioning charges
21a Service tax on 21 12%
21b Cess 2% on 21a
21c SHECess 1% on 23a
Regards,
VB
Hi
1. Would like to know how the net price is determined (how to mention which steps / conditions are to be included in the computation of the net price).
Net price will be calculated based on our pricing procedure only.
For ex
10 P000 Gross Price
20 P001 Gross Price
30 R000 Discount % on Gross
40 R001 Discount/Quantity
50 R002 Absolute discount
60 R003 Discount % on Net
Net value incl. disc.
Here net price is basic price - discount .If u include freight and insurance in between steps 30-60 then this will also be included in net price itself. Normally net price is basic price and discount.
effective price is net price +freight + insurance and taxes.
So include freight and insurances after net price in pricing procedure.
Ex:
Steps Counter Condition From To
1 1 P000 Gross Price
1 2 P001 Gross Price
10 10 R000 Discount % on Gross 1
10 20 R001 Discount/Quantity
10 30 R002 Absolute discount
10 60 R003 Discount % on Net
70 0 Net value incl. disc. 1 10
180 10 ZXXX Freight 70
185 0 ZXXX Insurance
Check and revert
Reg
Raja
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