Skip to Content
author's profile photo Former Member
0
Former Member

Custums Invoice settlement aganist to PO

Posted on Jul 01, 2012 at 06:15 AM 7 Views

Hi All,

User created PO without customs condition in the conditions tab

For this PO GR is happend and Invoice also posted for the material vendor,

Know the issue is he got the Invoice from customs vendor,

How can we adjust this amount?( as per PO there is no customs vendor)

Is there any impact on inventory If we did the adjustments in FI side plese let me inform how it will impact on inventory.

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • author's profile photo shailesh kurdukar
    shailesh kurdukar
    Posted on Jul 01, 2012 at 09:25 AM
    0

    Hi Chandra,

    In case of imports the "Basic Customs Duty", "Ecess On BCD" and "SEcess on BCD" should be added to the "Material Cost" as companies can not avail the credit for these duties.

    If you adjust through FI (which is the only option i can see) these duties will not get added to the material cost because as per my knowledge direct manual entries through FI JV (without using MIRO) to the material accounts are not possible.

    Add a comment
    10|10000 characters needed characters exceeded

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.