term ieps help what is
Meaning of IEPS. What is it: impuesto especial sobre producción y servicios). It is levied on.

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Definition IEPS

IEPS title: IEPS (FI) (SAP Library - Glossary)
IEPS category: Financial Accounting (FI)
IEPS explained:

In Mexico, a special tax on production and services (impuesto especial sobre producción y servicios). It is levied on certain goods such as alcoholic drinks, tobacco products, and fuels There are different rates of IEPS for different products.

IEPS is calculated before VAT. When calculating VAT, the IEPS is included in the VAT base amount.

Example

An alcoholic beverage costs MXN 100 per bottle net. IEPS at 20% takes the price up to MXN 120; 15% VAT is then added on the MXN 120, giving a final gross price of MXN 138.

More terms such as IEPS in Dictionary I.

Manual Inventory Settlement:
Help Settlement of stocks by comparing stocks and movements in a specified period ieps definition.
Manual Index Function:
Help enables you to conduct a search across the primary objects. For example, you can search for financial transactions involving specific attributes of specific business partners. This flexibility is ieps explain.
Manual Indirect Costs:
Help Expenses that are administrative or supportive by nature and which, therefore, cannot be attributed directly to grant-related activities ieps what is.
Manual Indicator For Display Of Cash Flows:
Help reporting to control how cash flows are displayed. This makes it possible to analyze the cash flows. Not to be confused with the cash flow indicator, which is used to control the evaluation itself ieps meaning.
Manual Inventory Price Change Document:
Help Document that records changes to the inventory price. An inventory price change document is generated when the new inventory price is valid and the inventory is revaluated ieps abbreviation.
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