Frappe Cloud

Marketplace

Rodtep Claim Management

Search for an app

Frappe

Products

Insights

Rodtep Claim Management
The app is specifically designed to help users manage their RODTEP and Duty Drawback claims for exports. It allows users to create accounts, enter Exim details, submit invoices, and manage their claims through adding or removing entries and entering relevant account information. Additionally, the app provides features to view reports and account balances.

Install now

5

installs

Supported versions

Version 15, Version 14

Categories

Free
Accounting

E-Commerce

About

Table of Contents

Introduction:

As an exporter, you can receive benefits from the government in the form of RODTEP and Duty Drawback against your exported goods. This app is designed to manage your RODTEP and Duty Drawback claims on an export-wise basis.

PNG - 6  How to Manage Custom Feature of Rodtep and Duty Drawback Claim in ERPNext

How to use the App:

  1. After installing the app, you need to add fields in the Company Details section under Accounts settings. Create the following accounts in the chart of accounts and add them to Company Details under Accounts settings:
    a. Duty Drawback Receivable Account
    b. Duty Drawback Income Account
    c. Duty Drawback Cost Center
    d. RODTEP Receivable Account
    e. RODTEP Income Account
    f. RODTEP Cost Center

  2. Create an Export Sales invoice. In the item table, you will see fields under the Exim section. Enter the Duty Drawback rate, RODTEP Rate, Freight, Insurance, and you will get the FOB amount and the Drawback amount and RODTEP amount based on the FOB Value.

Create Sales Invoice - 42-48

  1. Save and submit the invoice. After submission of the invoice, a Journal Entry will be created for Duty Drawback and RODTEP, which were defined in the Company settings in Accounts Settings.

  2. To manage RODTEP claims, go to RODTEP Claim in ERP:
    a. Click on Add RODTEP Claim.
    b. Enter Script No, Posting Date, Start Date (Goods Exported), End Date.
    c. Click on Get RODTEP Entries, and you will get the journal entry with shipping bill no. which type is RODTEP, and the entry will be between Start date to End Date.
    a. Remove the journal entry that is not included in the RODTEP Script.
    b. Enter RODTEP Script Account.
    c. Click Save and Submit.
    d. After submission of RODTEP Claim, a Journal Entry will be created for Script Account Debit and RODTEP Receivable Account Credit.

Rodtep-Claim - 88-98

Note: The same Journal Entry number will not repeat as it will link with the RODTEP Claim at the time of getting RODTEP Entries.

  1. To sell RODTEP License:
    a. Create an item called "RODTEP License" and set the RODTEP Script account as the default income account.
    b. Create a sales invoice as you would for a regular invoice. In the item table, select the "RODTEP License" item and enter the sales amount.
    c. The difference between the sales amount and the RODTEP Script amount should be set as a discount on RODTEP in the tax and charges table.

  2. To use the RODTEP License against imports:
    a. You need to pass a Journal Entry:
    b. Credit the RODTEP Script Account.
    c. Debit the custom duty charges.

  3. To manage Duty Drawback Claim, go to Duty Drawback Claim in ERP:
    a. Click on Add Duty Drawback Claim.
    b. Enter Posting Date, Start Date (Goods Exported), End Date.
    c. Click on Get Duty Drawback Entries, and you will get the journal entry with shipping bill no. which type is Drawback, and the entry will be between Start date to End Date.
    d. Remove the journal entry for the drawback that has not been received.
    e. Enter the bank account where you received the Duty Drawback.
    f. Click Save and Submit.
    g. After submission of Duty Drawback Claim, a Journal Entry will be created for Bank Account Debit and RODTEP Receivable Account Credit.

Duty-Drawback - 202-212

Documentation

Complete documentation for Rodtep Claim Management here

License

GNU GPL V3. (See license.txt for more information).

The Rodtep Claim Management code is licensed as GNU General Public License (v3) and the copyright is owned by FinByz Tech Pvt Ltd.

User Reviews

5.0

5 stars

100

%

4 stars

0

%

3 stars

0

%

2 stars

0

%

1 star

0

%

Thanks for this app
We are getting following error: AttribureError: 'SalesInvoiceItem' object has no attribute 'duty_drawback_amount'
IT Admin Micron Platers

8 months ago

Reply

5.0

1 rating

Rate and share your experience

Text

More apps from

Finbyz Tech Pvt Ltd
Meeting Management
The Meeting Notes feature in this app allows users to track meeting discussions, action items, and expenses in a uniform and organized manner. This information can be easily accessed from the scheduled meeting and is saved in the history of the Lead, Opportunity, or Customer document. A video is available to help understand the process of creating a meeting note.
Productivity Next
Productify by FinByz is a productivity tool that tracks employee activity, work hours, and system usage to enhance workplace efficiency. Available as software and a browser extension, it offers detailed insights into web browsing, keystrokes, mouse clicks, and mobile call analysis.
Forward Contract
Forward contracting is a financial tool used to hedge foreign exchange risk by locking in a fixed exchange rate for a future transaction. It involves an agreement between two parties to buy or sell an asset at a predetermined price and date. Forward contracts are commonly used by importers and exporters to manage their exposure to currency fluctuations.
Fd Management
This Fixed Deposit Management App simplifies the management of fixed deposits by providing a platform to add, update, and renew fixed deposits with ease. This app provides an efficient and streamlined approach to manage fixed deposits.
EMD Management
The process of giving an Earnest Money Deposit (EMD) involves filling out a form with relevant information. Once submitted, the system generates an EMD Journal Entry, tracks expenses, and creates a receivable from the customer.
Advance Authorisation Licence
This app in ERPNext helps manage Advance Authorisation Licences, which exempt import duties on raw materials for manufacturing export products. The app ensures that licenses are not overutilized for imports and exports, preventing penalties and loss of duty drawback benefits. The user can create and utilize licenses, and the system calculates remaining quantities and amounts for each declared item.

Explore more apps