VAT:

Invoice:
Inventory A/c Dr (900)

VAT receivable A/C Dr (100)

Vendor A/C Cr (1000)

payment:
Bank A/c Cr (1000)

Vendor A/c Dr (1000)

Country wise it changes? Tax applicable for Invoice or Payment

-----------------------------------------------

Customs and Freights -> Delivery costs -> In order to track them we need
Condition types in the pricing procedure.
-
-
-
Customs duty has to be paid @ the time of goods being cleared at the Customs House.
-----------

New Tax code creation

Maintain new VAT no.
Intrastat->malta and CYPrus--->Enhancement required to detect the Intrastat related
transactions in SAP

-----------------------
ICOMP system to determine the price of materials which are procured internaly
currently->seperate condition types for ICOMP materials
Intercompany transaction ->price is derived in po via ICOMP conditions, which
overwrites other if present

Requirement-

1. Business want to consider the Inbound Freight Cost and Custom Duty charges in
its material
price.
2. Inbound Freight Cost and Custom Duty charges to be available in COPA pertaining
to a
particular material

How to achieve step 2.

Separate Values in cost component Structure which is part of product costing.

Then from cost component Structure transferring the values to COPA

1. Material origin group

2. Assign condition type to origin grp.
3. Assign Origin group in Cost component Structre

----------------------------------------
pricing procedure is combination of different type charges,
like Gross price, freight, discount, surcharges etc etc.

Condition Table: system saves the all fields with the combination for
individual condition record. e.g Plant as condition table, then the condition
record
will be created for plant only.

Access Sequence: The main concept of Access sequence is, it searches condition
record
for condition type from condition table.

Condition Type: In simple term, condition type is used for different type of
charges. Like gross price,
discount, freight, rebate etc etc.

Suppose we purchase a material for price 20, we get a discount of price 4.

Then the price 20 will be going to a condition type and the price 4
will be going to another condition type.

Condition Record
Condition record contains the record which is maintained against condition table
with regards to condition type.

Calculation Schema->

Maintain Schema Group for Vendor

Maintain Schema Groups for Purchasing Organizations
Assign Schema Group to Purchasing Organization
Maintain Schema Determination
Assign Schema group to Vendor -> Under Purchase org. tab

Maintain Condition Record

--------------------------------------------------------
Origin Group:::
These groups serve to further subdivide the material costs.
For controlling purposes, materials assigned to the same cost element by
automatic account determination can be seperated into origin groups

origin group in the costing view of the material master record.

Cost Component Strucutre

The cost component structure groups the costs for each material
according to cost component (such as material costs, internal activities,
external activities, and overhead)

Which part of the costs are fixed costs

Which costs are costs of goods manufactured and what are sales and administration
costs
Which costs are relevant for stock valuation, commercial inventory valuation and
tax inventory valuation
When the cost component structure is assigned to the organizational units, you can
specify that two cost component splits are created.

Cost of manufactured goods