Adding tax, charge and discount details for the release slip

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

Select the “Edit Document TCD Details” link at the bottom of the "Create Release Slip", “Edit Release Slip” or “Edit Part TCD Details” page. Alternatively, select the same link from the “Edit Terms & Conditions” or "Edit Schedule & Distribution" page

The “Edit Document 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 that identifies the RS.
Status	The status of the RS, which could be “Fresh” or “Draft”.
Supplier #	The code identifying the supplier against whom the RS is raised.
Supplier Name	The name of the supplier.

The system updates the following in the “Doc Details” group box, when you click the “Edit Document TCD Details” pushbutton:

Basic Value	The basic value of the RS.
TCD Total Amount	The TCD total amount for the RS.

Enter the following in the “TCD Details” multiline.

TCD Sequence	The number that identifies the sequence in which the TCD value must be calculated (Integer). This number should be unique and should 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 the tax, charge or discount for an item purchased or sold (Alphanumeric, 25). Mandatory. This field 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 for the current date. Ensure that the TCD is not of basis “Unit Rate”.
	Help facility available.
TCD Variant #	The standard tax, charge or discount value, which can vary (Alphanumeric, 25). Mandatory. These variants must be mapped to the TCD codes and must be in the “Active” status and effective for the current date.

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

Note: Ensure that the TCD code and the TCD variant combination is unique to the multiline.

The system displays the following.

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

Enter the following.

Charge Type

Use the drop-down to indicate whether the charge for the release slip 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 15 or 16, must be entered here.

Note: If the TCD code is entered, then the TCD variant and the TCD rate is mandatory. You cannot modify the TCD rate, if the TCD basis is percentage.

The system displays the following.

TCD Amount

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

Enter the following fields:

Currency	Use the drop-down list to select the currency in which the RS is raised. The system lists all the currencies that are in “Active” status. The system leaves the field blank by default.
Pay to Supplier #	Use the drop-down list box to select the supplier to whom the payment has to be made. The system displays all the pay to suppliers that are in “Active” or “Hold Buy” status, defined in the “Supplier” business component and mapped to the selected supplier. The system sets the field to the supplier number by default.

The system displays the following.

Supplier Name	The name of the supplier.
TCD Description	The 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 for the RS.
Click the “Edit Document TCD Details” pushbutton, to update the TCD details.

The system stores the login ID of the user and the modified date with the current server date.

To proceed, carry out the following

Select the “Edit Inspection Details” link at the bottom of the page, to enter the inspection details for the part.

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.

Adding tax, charge and discount details for the release slip – An overview

The system displays the details such as number and status of the RS. You can enter the code of the TCD and its variant and rate. When you click the “Edit Document TCD Details” pushbutton, the system calculates and displays the basic value and the TCD total amount.

Prerequisite

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

What you can do in this page

Specify TCD details for the release slip

You can specify the tax, charge and discount details that are applicable to the RS. Tax and charge add to the basic value of the RS, while discount reduces the basic value.

Enter the number of the TCD that is applicable to the RS, in the “TCD #’ field.
Enter the number of the TCD variant, in the “TCD Variant” field.
Enter the TCD rate in the “TCD Rate” field.
Click the “Edit Document TCD Details” pushbutton, to map the TCD details to the RS.