Hi Friends,
I have configured the tax on sale and purchase, if I
select “calculate taxes on net amount” in editing option
then it calculate the tax correctly. But I want to
calculate the tax out of gross amount of the invoice. For
example I get a invoice for Rs. 20,000/- and now I want to
calculate the tax out of Rs. 20,000/- (20000/1.04=19230
taxable amount and tax is 770/-). I would be appreciate if
any body can help me in this regard and tell me the
configuration of the same.
Regards
Anil Kumar
- 2 Answers
- 5062 Views
- I also Faced
- E-Mail Answers
Answer Posted / anil seth
WHEN YOU ENTER INVOICE BY ADOPTING TEAK CODE FB-70 THEN YOU
DONT ENTER THE INVOICE VALUE NET HERE BECAUSE WHEN YOU
ENTERED IT THE SYSTEM CALCULATE AUTOMATICALLY TAX
ASSIGNED.YOU JUST CLICK THE BUTTON CALCULATE TAX AND ENTERED
THE NET VALUE OF INVOICE YOU SEE THE CALCULATED AMOUNT OF
TAX AND YOU HAVE TO RETURN BACK OF THE MAIN SCREEN AND
ENTERED THE GROSS VALUE OF BILL.THEN CLICK CALCULATE TAX
.SAVE IT
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Explain reversal of documents in sap? : fi- general ledger
Which coa is used for day to day postings ?
What is an internal calculation key? : fi- asset accounting
How do you carry-forward account balances? : cost center accounting
What is an activity price calculation? : co- cost center accounting
What is the global company code currency?
How to estimate the Cost step by step ?
What is characteristic derivation in profitability analysis module?
What is a posting period and how does the system identifies posting period?
How are vendor invoice payments made?
What is posting period variants?
i want to check whether the particular cost center is assigned to which Controlling cycle.
What is a sort key and what is it used for?
Please provide me with configuration documents of USER EXIT' Thanks Naresh
What exactly do you know about the sap fico?
