Taxes, freight etc. values to be added to stock values at the GR

[Former Member]

We are procuring the material from vendor. Our requirement is the taxes, freight, duties which we pay at the time of procurement should be added to stock values at the time of GR. Also we wish to pay the freight or duties to separate vendor at the time of invoice verification. How the settings need to be done to meet this requirement?

Thanks in advance.

Sanjog

[Former Member · Accepted solution]

Hi,

You need add or do some special settings for those as they are posted to the stock account if you define the tax as a non deductible and frieght is always posted to the stock value.....

Reg,

Deepak.

[deiva]

Hai,

You can do this by following processes:

1.Create the material vendor & transport vendor by Xk01

2.maintain the freight condition types in pricing procedure in M/08.

3.Maintain the non deductible tax codes - tax values will loaded by FTXP.

4.Create the PO for material vendor. Enter the values in the condiitons - gross price & freight in the PO -item level - condiitons tab. Here enter the freight vendor against the freight conditons in the detail icon.Use the non deductible tax codes in the Po - item level - invoice -tax codes.

5.Release the PO if release strategy is applicable.

5.Do the GR for the PO.Check the accting doc in the dispaly Material doc to see the accting entries.