Hi All,
My client using Nav 4.0 IN. At the time of purchase they want to consider excise duty but don't want to add in vendor liability during posting of purchase invoice. Is it posible in Navision.
Regards
Paul
Regards
Paul
Dynamics Nav Functional Consultant0
Comments
http://ssdynamics.co.in
Thanks for reply. It's an import purchase operation. Our client only paying the basic value to vendor but also calculating excise and CVD against the invoice and paid to the government.
Thanks & Regards
Paul
Regards
Paul
Dynamics Nav Functional Consultant
http://ssdynamics.co.in
Thanks for your reply.
Basically my client database have Nav 4.0 SP3 version but without HF1 hotfixes. Means there is no hotfixes loaded. An I can't load the hotfixes now also.
In the structure there is no CVD option, that's why. So can't use Nav 4.0 Sp3 default features. As per the below mentioned scenario I've to configure the database -
Customs Duty on Imported:
Assessable Value 1,000.00
Details Rate Customs
Basic Duty 7.50% 75.00
CVD + Cess + SH 10.30% 110.73 Claimable Amount (CENVAT)
Customs + Cess + SH 3.00% 5.57
Customs Addl Duty 4.00% 47.65
Total 238.95 (Inventory Value) 128.22
Inventory Value 1,238.95
as we do Invoice Posting after GRN it has to post as
ERP Code Description Debit Credit
71155 Lab Consumable GL 1,128.22
25120 Customs Duty - CVD (HO) 110.73
To Vendor 1,000.00
Customs Duty (Interem) 238.95
Total 1,238.95 1,238.95
Can you please give the solutions.
Regards,
Paul
Regards
Paul
Dynamics Nav Functional Consultant