| # To process customs in High sea sales/ Sales in course of imports This functionality is specific for India. Goods can be imported directly for a customer. The following are two procedures to process customs duty for direct delivery. SICOI: SICOI (Sales in course of imports) is a predetermined sale, which means the customer is already available for the goods being imported. HSS: HSS (High sea sales) is a sale where you have to find the customer when the goods are still at the high seas or before the goods reach the country. To process customs duty for High sea sales/sale incourse of imports take the following steps: Create a sales order In the Sales Order Lines (tdsls4101m000) session, create a sales order on the foreign supplier. Set the Delivery Type field to Direct Delivery. Create a purchase order In the Purchase Orders (tdpur4100m000) session, create a purchase order. The order origin field must be set to SLS. Define Terms of Delivery In the Purchase Orders (tdpur4100m000) session, click the browse arrow in the Terms of Delivery field to define terms of delivery in the Terms of Delivery (tcmcs0141m000) session. For details, refer to INCO terms Maintain additional charges In the Purchase Order Lines (tdpur4101m000) session, on the specific menu, click Purchase Order Additional Charges the Purchase order Additional charges (tdpur9137m000) session opens. Define the additional charges based on the terms of delivery. For details, refer to calculate additional charges. Calculate estimated values In the Purchase Order Lines (tdpur4101m000) session, on the specific menu, click apportion to calculate estimated values of Assessable Value for Imports and Estimated Landed Cost. For details, refer to calculate assessable value and estimated landed cost. Approve the purchase order In the Purchase Order Lines (tdpur4101m000) session, on the specific menu,click approve. Infor ERP LN defaults the order line in the Purchase Receipts (tdpur4106m000) session. To generate bills of entry In the Purchase Receipts (tdpur4106m000) session, on the specific menu, click Generate Bill Of Entry the Maintain Bill of Entry(tdpur9140m000) session opens. Generate bill of entry,and enter the actual values. Finally approve the Receipt Line. For details, refer to process bill of entry. Confirm Purchase receipts In the Purchase Receipts (tdpur4106m000) session, on the specific menu, click Confirm Receipt to confirm the receipt line. Update Expensed taxes for the received quantity After the receipts are confirmed Infor ERP LN creates an inventory variance and updates expensed taxes to received quantity. You can view the inventory variances in Inventory Variances (whina1516m000) session with the Inventory Variance Origin as Expensed tax. Infor ERP LN process the inventory variance immediately in Process Inventory Variances (whina1200m000) session. Calculate custom duties using aggregate tax code Infor ERP LN calculates custom duties using aggregate tax code. In the Purchase Order Lines (tdpur4101m000) session, you can view the calculations of custom duty by clicking on Tax Breakdown Structure. Update claimable taxes If the Cenvatable check box is selected in Purchase Order Lines (tdpur4101m000) session, Infor ERP LN updates the claimable tax amounts after Warehouse receipts are confirmed. The part 1 of the registers RG 23A or RG 23C is also updated. In the Purchase Order Lines (tdpur4101m000) session, if the Excisable check box and the Import order line checkbox are selected and Item Category field is set to Non-Capital, Infor ERP LN updates the Part I of register RG23 A . If the Item Category field is set to Capital, Infor ERP LN updates the Part I of register RG23 C. Update claimable taxes in Financials Infor ERP LN populates the data in Financials with all the tax details for the order relating to both claimable and non-claimable amounts. Use the Post Non-Expensed Tax details(tfacp9235m000) session, to generate ledger accounts and update CENVAT credit pool. Serial Part II for each ECC number is also updated. The records are selected in order of preference of Receipt date, Receipt time and ECC or Tax registration number. Pay the purchased goods Use the Accounts Payable module in the Financials to make payments for the purchased goods. You must process the purchase invoice in the Purchase Invoices (tfacp1110s000) session. You must enter Purchase Order number, Total tax amount to be paid. Certain prerequisites has to be set up before using the Financials. For details refer to Prerequisites for posting Finance ledger accounts. Match and approve the purchase invoice with purchase order Match the purchase invoices to the related purchase order and approve. Posting Ledger accounts Match the order with purchase invoice with the Invoice Type as Invoice related to Purchase orders. Approve the invoice. In the Purchase Invoices (tfacp1110s000) session, on the specific menu, click Invoice Tax Lines, the Invoice Tax Lines(tfacp9136m000) session opens; you can view all the tax line details of the order. Archive or Delete Fully paid invoices In the Archive / Delete Fully Paid Purchase Invoices (tfacp2250m000) session, the invoices which are fully paid are archived or deleted. Release the order to Invoicing After the goods are delivered, the sales order can be released to invoicing. In the Sales Order Lines (tdsls4101m000) session, on the specific menu, click Release to Invoicing, to release the order to Central Invoicing. Print sales cum excise invoice In the Compose/Print/Post Invoices (cisli2200m000) session, to compose, print and post the Sales Cum Excise Invoice select the following options: Compose Print Post In the India Localization Parameters (tccom9136m00l) session, if Sales Cum Excise Invoice check box is selected, goods pass out document with commercial invoice is printed else only excise invoice is printed in the Print Excise Invoice(whinhxxxm000) session. |