Amending the tax, charge and discount details of the part

This page allows you to add taxes, charges and discounts for the part. Tell me more.

Select the “Amend Part TCD ” link at the bottom of the “Amend Release Slip”, “Amend Terms & Conditions” or “Amend Schedule & Distribution” page.

The “Amend Part TCD Details” page appears.

The system displays the following:

Date Format

The format in which the date fields are displayed in this page. This format is displayed from the "User Preferences" business component based on the login user ID. In case the format is not defined, the system displays the date format from the “Enterprise Modeling” business component by default.

The system displays the following in the “RS Details” group box:

RS #	The number identifying the RS.
Amendment #	The number identifying the latest amendment of the RS.
Supplier Name	The name of the supplier against whom the RS is raised.
Status	The status of the RS, which could be “Fresh” or “Draft”.

Enter the following in the “Part Details” group box.

Line #

Use the drop-down list box to specify the line number of the part for which the TCD details must be specified. All the line numbers of the RS are available for selection, in the ascending order.

Click the “Get Details” pushbutton, to retrieve the part details.

The system displays the following details of the line number selected.

Part #	The number identifying the part, whose schedule type is “Multiple”.
Part Description	The textual description pertaining to the part. Zoom facility available.
Condition	The condition of the part, which could be ”New”, “New Surplus”, ”Overhaul”, “Serviceable” and ”Unserviceable”.
Part Type	The type of the part.
Line Item Cost	The cost of the part for a specified quantity in document currency.
Cost Per	The quantity of the part, which forms the basis for the cost specified.
Basic Value	The basic value of the selected line item.
TCD Total Amount	The sum of all the TCD amounts in the multiline.

Enter the following in the “TCD Details” multiline.

TCD Sequence	The number that determines the sequence in which the TCD value must be calculated (Integer). This number should be unique and lie between 1 and the number of rows entered in the multiline. If this field is left blank, the system automatically generates the sequential number.
TCD #	The code that identifies a tax, charge and discount for an item purchased or sold (Alphanumeric, 25). Mandatory. This code must be defined in the “Create TCD Code” activity of the “Taxes, Charges and Discounts” business component and must be in the “Active” status and effective on the current date or document date.
	Help facility available.
TCD Variant #	The standard tax, charge or discount value, which is the variant of the specified TCD code (Alphanumeric, 25). Mandatory. These variants must be mapped to the TCD code and must be in the “Active” status and effective on the current date.

For example, TCD variants for sales tax could be “On raw materials”, “On consumable” etc.

The system displays the following fields:

TCD Type	The TCD type, which could be ”Tax”, “Charge” or ”Discount”.
Basis	The basis of the TCD, which could be “Percentage”, “Unit Rate” or “Flat Rate”.

Enter the following.

Charge Type

Use the drop-down to indicate whether the charge for the purchased/received part must be borne by the buyer. The drop-down list box displays the following: Payable and Notional.

By default, the charge type is set as Payable.

Note: 1) Notional charges are non-payable nevertheless they are used for valuing stock during receipts. 2) The charge type can be ‘Notional’ only for TCDs with Basis ‘Percentage’. 3) This field is relevant for TCD type ‘Charge’ only.

TCD Rate

The TCD rate (Decimal).

For example, if the basis is “Percentage”, then the percentage value, say, 16 or 15 must be entered here.

Note: If the TCD Code is entered, then the TCD Variant and TCD Rate is mandatory.

The system displays the following fields:

TCD Amount

The amount of TCD. This field is calculated by the system from the “Taxes, Charges and Discounts” business component.

Enter the following field:

Currency

Use the drop-down list box to select the currency in which the RS is raised. The system lists all the currencies that are in “Active” status and have a conversion factor set for the base currency, in the form of transaction currency. The system leaves the field blank by default.

The system displays the following:

TCD Description

A textual description of the TCD.

Check the box in the “Select” column of the multiline, to mark the TCD for deletion.
Click the “Delete” pushbutton, to delete the TCD details of the part.
Click the “Amend Part TCD Details” pushbutton, to update the TCD details for the part.

The system updates the “Last Modified By” with the login ID of the user and the “Last Modified Date” with the current server date.

To proceed, carry out the following

Select the “Amend Document TCD” link at the bottom of the page, to add tax, charges and discount for the entire RS.
Select the “Amend Inspection Details” link at the bottom of the page, to enter the inspection details.

The system displays the following in the “Record Statistics” group box:

Created By	The name of the user who created the RS.
Created Date	The date on which the RS was created.
Last Modified By	The name of the user who last modified the RS.
Last Modified Date	The date on which the RS was last modified.
Approved By	The name of the user who approved the RS.
Approved Date	The date on which the RS was approved.

Amending the tax, charge and discount details of the part – An overview

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

TCD Code and TCD variant are defined in the ”Taxes, Charges and Discounts” 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 line number of the part, the system retrieves part details such as the part description, condition of the part, currency of RS and the basic value of the RS. You can enter the TCD code, variant and the rate for TCD for the part. The system stores the login user ID and the server date along with the modification details.

Prerequisite

“Create TCD Code” activity in the “Tax Charges and Discounts” business component.

What you can do in this page

Specify the line number of the part, to enter TCD details

You can specify the line number of the RS to select the part for which you need to enter the part TCD details.

Use the “Line #” field, to specify the line number of the RS for which the TCD details must be entered.
Click the “Get Details” pushbutton, to retrieve the part details.