PO Basic price in case of dealer

[Former Member]

Hi,

As per the process for procurement of material from delaler as the tax amount which dealer will pass on is not exactly know at the time of PO it is depend upon the which excise invocie amount the dealer willl pass, so in presetn we are modifying the PO price after getting invocie from dealer know as in case of delaer the basic price should be the base price + all tax amount then in capture excise invoice we split the base amoun and the tax amount by first selecting the MRP indicator now for below case

Actual base price : 100

Taxes amount which delaer have pass is aroung 12 rs , now in our PO for material the base prie is added as 112 then it is plited in capture excise invoice, then only the base prices 100 is updated in GR/IR account, but whenever we check in ME2M or ME1P the material base price system shows as 112 , our user want that the base price should be 100 because othere amount is tax amount.

How we can map this.

regards,

zafar

[BijayKumarBarik]

Hi,

For DEALER INVOICE, For Example:

Material Price = 1000/-

Excise Duty = 103/- (BEDECessSECess)

Margin of Dealer = 300/-

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Total =1403/

VAT @4% = 56/-

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Grand Total =1459/-

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Now cretae PO for Dealer Vendor with Base Price as 1403/- by selecting tax code which is having VAT as 4% (Total PO value will be 1459/-)

& then do MIGO, slect MRP indicator in miscellaneous tab, Enter Assessable value 1300/- as in Excise tab Item level and enter the excise values BED, ECess , SECess manually, check all values & save the document.

And finally do MIRO ,user proper tax code,checking calculate tax, edit base value as 1300/-enter the amount in header as proposed by the system (1459/-), simulate & post the document.

Regards,

Biju K

[Former Member]

Hi,

Thanks for your reply, the details which you have given are OK, but now if we make the base price as 1403 which is actauly 1300, then whenever we check in ME2M and ME1P system is displaying price as 1403 user want there 1300.

regards,

zafar

[Former Member]

Hi,

Can you help on this issue.

regards,

zafar

[Former Member]

Hi,

Can you help on this issue.

regards,

zafar

[former_member187989]

>

> Hi,
>  Thanks for your reply, the details which you have given are OK,  but now if we make the base price as 1403  which is actauly 1300,  then whenever we check in ME2M  and ME1P  system is displaying price as 1403  user want there 1300.
> 
> regards,
>  zafar

Since we don't know exact excise duty at time of raising of p.o.Hence p.o will show price 1403 in p.o as well as in reports.

At time of excise capture & post,when you tick MRP indicator,system will split excise values from base value.

System will post GR value to 1300 only.

Please explain user with Note 1104456 - Use of MRP indicator for capturing excise duties from dealer

[Former Member]

Not solve close.

[Former Member]

I have tried the same senerio but the system is calculating vat amount on the base value inserted while MIRO @ 1300.

Please guide.