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:
