Internationalization and Unicode

Trading Process involved with manufacturing operations

Introduction: We often found scenarios in manufacturing business where requirement is to configure such a Trading process in which they can able to add operations which will not definitely change any properties or characertistics of the material but may change the lenth or weight of that Batch of Material.These are the processes which are allowed in the Trading process and practically we can not avoid this. This document will explain …

Read More »

PRD account determination during IR reversal of planned delivery cost

It’s related to IR reversal of planned delivery cost of Custom, that if we post multiple IR and if there is difference in the posting amounts against the duties then PRD accounts comes in picture. I will explain this using below example, We have created Import Purchase Order of 100 TO in which we maintained condition types for Custom duties JCDB, JCV1, JECS, JSDB and JADC and with other required …

Read More »

Service tax split Process In India Localization(CIN)

Prerequisite : Implementation of Service PO process Implementation of TAXINN tax procedure Implementation of account payable process Target readers: All who have basic knowledge of SAP MM (Procurement), SAP FI  & India Localization (CIN). Keywords : SAP, Invoice, Receipt, Purchasing, Service Tax, Service Tax Split Scenario: This document explains the solution for service tax split scenario under India localization. There is a requirement wherein service tax is charged by the …

Read More »

Calculation of Service Tax on Foreign Exchange Conversion – India

Service Tax on Foreign Currency Conversion (with effect from 1st June, 2015): As stipulated by the Government of India, any conversion from one currency to another, both incoming and outgoing will be charged a service tax on the gross amount of currency exchanged as per the following slabs. – 0.14 % of the gross amount of currency exchanged for an amount up to INR. 1,00,000 subject to the minimum amount …

Read More »

Master note: Impacts on taxes due to Indian Union Budget 2015-16

Hi All, SAP has released the oss notes 2132309, 2136624 for the changes in tax structure in the union budget 2015-16. The below mentioned the highlights of the notes. For frequently asked questions in MM & SD look into the oss notes 2136624. Excise duty – Changes effective from 1st march(Refer SAP note 2136624 for adopting changes) 1. Excise duty rates increased from 12% to 12.5%. 2. Education cess(ECS) & …

Read More »

Developers and analysts translating SAP content? Seriously?! TOP 4 reasons why you should leverage SAP’s translation tools today (and always!)

If you aren’t yet leveraging SAP’s translation tools, you might be wasting valuable time and money. In my mind, using these tools is really common sense. Allow me to explain why. SAP built in its ABAP foundation a set of tools that allow customers to perform proper translation of custom SAP content. Here I mean CUSTOM CONFIG and CUSTOM ABAP. (I mean CUSTOM because generally all standard content is delivered …

Read More »

Tax Procedure vs MM Pricing Procedure

Introduction: In Indian taxation, we have different structure for calculating tax with vendor inward invoice. Few are discussed here. Case 1: Freight / discount NOT included for Excise duty & VAT (Normal) Case 2: Freight / discount included for Excise & VAT (Normal) Case 3: Freight / discount NOT included for Excise but included for VAT (Non-Standard) Case 4: Fetch tax value (deductible) from Tax procedure to MM Pricing Procedure …

Read More »

Addressing VAT and Service Tax on Composite rates in SAP

Introduction: Annual maintenance contracts (AMC’s) are composite contracts bundled to have services and sales components. But in certain scenarios, segregating the contract into two, a) service portion and b) sales portion is difficult. There are provisions in the Service Tax (Determination of Value) Rules, 2006, under rule 2A for addressing value determination of Services & Sales portion in case of composite contracts One typical example is: 12.5% MVAT applicable on …

Read More »

Excise Duty Pass on Scenario

Excise Duty Pass on Scenario – By Nireesh.P.H Introduction: Below depicts a typical dealer invoice scenario in India. B is a dealer and purchase materials from its principal A by paying Base amount (say Rs 100 ) & Excise duty (say BED 12%, Ecess 2% & SEcess 1%), comes to Rs 115 and  applicable VAT (say 5%)on it . Thus landed value comes to Rs 120.75. Again B sells this …

Read More »

CIN: Capturing Additional Excise at Depots Due to Price Change – A Certificate

This document describes the standard process of raising a supplementary excise invoice and its subsequent capture at a depot, due to change in price of a product for which stock transfer has already been completed from Manufacturing Unit to Depot. Even though this is a standard SAP functionality from SAP for CIN, I found many people are unaware of how to use it and hence, thought of creating this document. …

Read More »

Do you want to Get SAP Courses?

Get SAP Courses and Training, Videos, Other Useful Resources
Join Now
Written by SAP Expert TEAM.
close-link
New Registration