Condition type

[Former Member]

Hi,

1. what is the condition types i should use as a reference for Insurance & Octroi. Also please let me know what is octroi?

2. how can we maintain cash discount based on Payment Terms?

3. What is exchange rate master? where we maintain the exchange rate?

Regards,

Keyur

[Former Member · Accepted solution]

Octroi - it is a local tax and specially applied at municipal corporation level.

[Former Member]

in payment terms you need to metion discount.. example.. 15 days 1% discount.. and amitain condition type SKTO in pricing procedure... at the time of depositing the cheque its calculates...

if iam wrong pls correct.

Ramki

[Former Member]

Hi Keyur,

For Exchange rate the menu path is

Menu Path: Accounting >> Financial accounting >> Accounts payable >> Environment >> Current Settings >> Enter Exchange Rates

the data is kept in the Exchange Rate Table

Just go to the link given below..i bet you would like this

http://www.finance.utoronto.ca/fast/qrg/nav/fxratetable.htm

<b>reward if this helps..</b>

Regards

Ak