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Regards, Mukesh On Sat, Nov 1, 2008 at 1:48 AM, gayatringayatri <[EMAIL PROTECTED] > wrote: > > Hi all, > > We are implementing Aaxapta 4.0 for one of the customer. > > I need to know how taxes has to be setup in AX for below mentioned is > the scenario. > > For example: > > Item: Shirt > > Vendor: AAA > > Purchase Price = 100 > > Taxes Applicable: > > Custom Duty @ 5% on purchase price = 5 > > Doc Fee (Fixed amount per customs clearance)= 12 > > VAT @ 18% of customs+Doc fee = 18 * (5+12)/100 = 3.06 > > Total Import Duties paid = 5+ 12 +3.06 = 20.06 > > Clearing Agent = DHL > > During Import DHL pays the duties. But these duties are not paid to > vendor AAA. > > When booking Purchase Order we need to Include the Duties and fee paid > for calculating the Cost price. > > Total Purchase booked in AX = Purchase Price + Import Duties Paid = 100 > +20.06 = 120.06. > > Vendor Balance will be increased by 120.06 > > Actual Vendor AAA sends Invoice for amount = 100. But in Ax invoice will > be for 120.06. > > DHL sends a invoice for the amount of duties paid plus service charge. > This has to be settled at month end. > > DHL fee @ 2.5% of Purchase price = 25 > > VAT 18% on DHL Fee = 4.5 > > DHL invoice = Total Duties Paid + Fee + VAT = 20.06 + 25.00 +4.50 = > 49.56 > > How to book these transactions in purchase order, setup sales tax, book > invoice and settle invoices. At the end of the month we need to find how > much has to be paid for DHL and how much duties been paid through DHL. > > Tax has to be settled at the year end with the tax authorities. > > How these should be manged. Can any one please provide me a solution. > > Regards, > > Gayatri. > > > -- Mukesh Mutreja # 09818421567
