| # Domestic Other Charges You can maintain additional charges like Insurance, Freight, Other Charges, Octroi and so on for each cost item in the Additional Charges (tccom9140m00l) session. You can specify the taxes applicable on the additional charge. The additional charge amount is added to the assessable value specific to the tax. The additional charge can be fixed for the entire shipment or can vary, based on the quantity. Other Charges in transactions You can define additional charges for a purchase order, a sales order or a specific order line. You can approve the other charges in the Shipment Line Actual Other Charges (whyin0502m00l) session automatically, when the shipment line is created. When the shipment is confirmed, Infor ERP LN creates additional cost lines for all the other charge codes in the Sales Order - Lines (tdsls4100m900) session. The cost lines are created with the total other charge amount of the charge code for the shipment. Taxable Assessable Value The taxable assessable value is the sum of the assessable value, non-claimable tax, additional charges and octroi. The Taxable Assessable Value is introduced, which is used for all the tax calculations when additional charges or octroi is applicable to the transaction. Other Charges in Projects You can define up to four additional charges in project estimates and budget. The budget lines include the claimable and non-claimable tax amounts and the taxable assessable values. The landed cost amount is inclusive of the non-claimable tax, additional charges and octroi. |