As we've seen, the middle exchange rate of the Bank of Slovenia is used to convert values into the local currency for posting in the subject accounts/general ledger and for determining the purchase value of goods. This information is entered in the receiving document.

 

For calculations of the customs and tax base, and for the accounting of customs, tax, and excise duty, you will use the customs rate (UL RS 40/99), which you will enter in the SAD.

 

Because these two rates differ, at the very least the value of customs duty will differ from the actual duty paid. To enter this data in the receiving calculations you will enter customs data in the SAD module (see Confirm Calculation)

 

Say, for example, the declarant has declared 200 EUR of transport costs to the border, which increases the customs base and, indirectly, the tax base. This data will be entered as a type of Cost for an Individual SAD Line. The freight forwarder will receive an additional 50 EUR for the costs of shipping within the country, but this amount will not appear on the SAD.

 

Enter further information about costs and certain taxes (for instance, tax by weight) and click on the Create Taxes  button.

 

A completed SAD:

You'll notice that the information from the cost estimation has changed.

 

	%	base	calculation/unit	value/unit	total
Price Excl. VAT from SAD					13,178*
Purchase Price
Transport
Customs	10%	statistical value	11,980 * 10%	239.60 SIT	1,198*
Direct Costs
Purchase Price
VAT	20%	VAT base	2,635.60*20%	527.12	2,636,00*

* CARS will round the calculated VAT value to 0.01 EUR. The calculation in the SAD module will be adapted accordingly.

 

To complete the purchase calculation you've at least prepared the correct VAT base, the correct customs duty, and the correct VAT. Data obtained in this manner can be copied on the receiving document, that is, on the document that will appear in the ledger of invoices received and wherever this data is needed:

 

• Use the Confirm Calculation  function to copy customs and tax information
• Using the SAD Reception Date to Invoice Reception Date function, you can copy the date you received the SAD to the Invoice Reception date field in the importation document. When importing goods, the date you receive the SAD is the date you can claim for an input tax.

We have yet to deal with the value of transport costs and direct costs. This will be our next step.

 

In the Costs and Taxes panel, the program will add and report the total values of individual types of costs and taxes which have arisen from the SAD. You can copy this data to the purchase calculation

In this case, the transport costs are 200 EUR + 50 EUR = 250 EUR.

Let's also say you've determined the total value of direct costs: Tax by Weight 80 EUR, freight forwarding costs 100 EUR, total 180 EUR. skupaj 180 EUR.

(Note: tax by weight can also be counted as customs duty if you have prepared it as Type C).

Enter this data in the respective fields in the right panel and click on the Copy button.

 

After both changes (taxes and costs), the purchase price calculation of the goods will look like this:

	%	base	calculation/unit	value/unit	total
Price Excl. VAT from SAD					13,178.00*
Purchase Price			(10 EUR = 200 SIT)	(2,000.00 SIT)	(10,000.00)**
Transport				106.00	530.00
Customs	10%	statistical value	11,980 * 10%	239.60 SIT	1,198*
Direct Costs				116.00	580.00
Purchase Price			=	2,461.60	12,308.00
VAT	20%	VAT base	2,635.60*20%	527.12	2,636.00*

* you already copied this information when you confirmed the customs duty

** of course, copying does not change this data

The purchase calculation once all changes have been made:

 

The document is now ready to be included in tax records and to be used for the Posting of Material Movements.

Of course, changes in the calculated price are reflected in the box with value information and in the lines of the receiving document:

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