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Amortization Process

Issue Currently there is no provision in system to handle Amortization case. Excise % has to be
changed every time the basic cost changes.
Sample Calculation has been shown below:

S. Line
PART NO.
NO. No.

100

PART NAME

Part
Price
( in Rs.)
(A)

333/Y6531 Door Seal

218.63

Calculation for SAP & Amortization Value


Tooling
Cost Paid
No. of
Amortization Assessable Excise Sap Excise %
( in Rs.) meter to be
/Part
Value
Duty to be Entered in
(B)
Amortized
(in Rs.)
( in Rs.)
@12%
JMOP
C
D=B/C
E=A+D
F=E*.12
G=F/A
315,000

50,000

6.30

224.93

26.99

12.346%

Actual Calculation (To be in SAP)


Case 1) If CST has to be calculated without reducing Amortization cost.
Qty
Basic Price
Amortization
Cost
BED
Ecess
CST

218.63

10

6.3
12%
3%
2%

10

Sum
Less Amortization
Cost
Total Payable to
Vendor

Total
2186.30
63.00
269.92
8.10
50.55
2577.86
63.00
2514.86

Case 2) If CST has to be calculated after deducting Amortization cost. The calculation will be as follows:
Qty

Basic Price
Amortization Cost (ZAM1)
BED
Ecess
Total Incl Excise
Less Amortization cost
Total for CST
CST

Total
2186.30
63.00
269.92
8.10
2527.31
-63.00
2464.31
2%
49.29
Total Payable to Vendor 2513.60
218.63
6.3
12%
3%

10
10

Amortization Process

Process in SAP
Creation of two new condition types in taxation
a. ZAM1 - +ve Amortization Cost. This is the amortization cost which will get added to the
basic cost and excise will be calculated on the same.
b. ZAM2 - -ve Amortization Cost. This is the amount which has to be deducted from the
total amount after applying Excise and before applying sales tax (CST/VAT).
There might be a case where Amortization is not deducted after calculating Excise Duty, in that case
ZAM2 might not be maintained.
These conditions have to be maintained using FV11 t-code

Note - Amortization amount will not be added in either Inventory or Excise. It will only be used in
calculating the taxes
Sample Postings in Quality Client.
Basic Price in SA 218.63

Amortization Process

Tax conditions Amortization Value 6.30 per Qty. BED 12%, Ecess 3% , CST 2%

Amortization Process

MIGO:

Amortization Process

Accounting Entries in MIGO

Amortization Process

J1Iex

Amortization Process

Amortization Process

MIRO

Amortization Process

Amortization Process

Amortization Process

Accounting Entries for MIRO

Total Payable amount as per Invoice Verification 2514. 87

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