Example 1 - IPI Calc (MATA080 - SIGAFAT)

Purchase of raw material for manufacturing In this example, the company has the right to tax credit (ICMS and IPI).

Application

Registration of inflow document regarding purchase of microprocessors.

1. TIO Registration:

2. Registration of inflow documents:

Document	000004/UNI
Date	6/1/03
Quantity	10
Goods Value	400.00
Goods Total	4,000.00
Document Total	4,400.00
IPI rate	10%
IPI Tax Base	4,000.00
IPI Value	400.00
ICMS rate	12%
ICMS Tax Base	4,000.00
ICMS Value	480.00
TIO	014 - Purchase of raw material for production. Calculate IPI = Yes Credit IPI = Yes (The latter defines if the IPI value is credited in the Tax Records.)

3. Classification of inflow document in Tax Records, see information in the report Inflow Records:

Inflow Date	Number	Accounting Value	Tax Code	Code	Operation Value Tax Base (ICMS)	Rate	Credited Tax (ICMS)	Operation Value Tax Base (IPI)	Rate	Credited Tax (IPI)
6/1/03	000004/UNI	4,400.00	111	1	4,000.00	12	480.00	1,000.00	10	400.00
				2	00.00		00.00
				3	00.00		00.00

Codes:

Tip:

To issue the reports of Inflow Records and outflow Records, refer to topic Data Proc. System.