Viewing Taxes, Charges, and Discounts

View Taxes Charges And Discounts

This page allows you to add tax, charges and discounts for the Blanket PO line item. Tell me more

Select the “View Taxes Charges and Discounts” link at the bottom of the “View Blanket PO” page.

The “View Taxes Charges And Discounts” page appears.

The system displays the status of the Blanket Purchase Order document.

The system displays the following fields in the “Blanket PO Details” group box:

Blanket PO No.	The unique number identifying the Blanket PO for which the TCD details are specified.
Amendment No.	Unique identification number of the Amendment document. The Amendment document is created whenever any modifications are done to the existing document. This is a post approval document.
Type	The type of the Blanket PO is displayed in this field. There are different types of BPOs namely General, Capital, Dropship, and Consignment.
Supplier Code	Code or identification number of the supplier.
Name	Name of the supplier associated with the supplier code.

Enter the following fields:

TCD Level	Use the drop down list box to select whether the TCD details are pertained to the Blanket PO document or to a particular line item present in the document.
Blanket PO Line No.	Unique identification number of the Line item present in the Blanket PO for which the TCD is mapped if the TCD Level is Line.

The System displays the following:

Item Code	Code or identification number of the item.
Variant Code	Name of the variant associated with the item code.
Desc.	Description of the item and the variant.
Qty.	The Quantity specified by the buyer for purchasing the line item from the supplier.
UOM	The Unit of measure in which the items are measured.
Currency	The Currency induced by the buyer for carrying out his payment for the items.
Basic Value	The Basic value of the purchased product based on the Quantity, cost and Per ratio. Basic Value = (Quantity * Cost) / Per
Total TCD Value	The sum of all the TCD amounts in the multiline.

The system displays the following in the “TCD Details” multiline:

TCD Code	Code or Identifier of the Taxes, Charges or Discount for an item purchased or sold.
Variant	The standard tax, charge or discount value are the variants of the specified TCD code.
Type	The TCD type, which could be, taxes, charges, or discount.
Basis	The basis of the TCD, which could be percentage, unit rate, or flat rate is displayed.
Variant Value	The value that the variant holds is displayed.
Amount	The Amount incurred due to taxes, charges, and discounts is displayed.
Currency	The Currency used by the partners for paying the taxes, charges, or discount amounts.
Description	The textual description of the taxes, charges or discount is displayed.
Supplier Code	Code or identification number of the supplier.
Name	Name of the supplier associated with the supplier code.

To proceed, carry out the following

Select the “View Other Taxes & Charges” link at the bottom of the page to view additional taxes, charges and discounts for the items.

Select the “View Tax Calculation - Summary ” link at the bottom of the page to view the Tax details.

Select the “View Budget Details” link at the bottom of the page to view the Budget details.

Select the “View Quality Details” link at the bottom of the page to view the Quality details.

Viewing Taxes, Charges, and Discounts - An Overview

Whenever the Blanket PO is released, in addition to the quantity and rate, applicable taxes such as duty, sales tax, discount and freight charges has to be specified. All these affect the BLANKET PO either positively or negatively. While taxes and charges add to the basic value, discounts reduce the value. The tax, charges, and the discount (TCD) vary from time to time.

TCD Code and TCD variant are defined in the ”Taxes, Charges and Discounts” business component. The TCD Code must be mapped to an Account Code in the “Account Rule definition” business component. Upon mapping, the TCD code becomes “Active” and is eligible for further transactions. TCD Code and Account code mapping is mandatory.

On selecting the Blanket PO line number, the system retrieves part details such as part description, condition of the part, currency of Blanket PO and the basic value of the Blanket PO. You can enter the TCD code, variant, and the rate for TCD. The system stores the login user id and the server date along with the modification details.

Note: You can enter a value for the TCD rate, only if the TCD basis is “Flat”