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F-29 Wrong Tax Calulcation

Jun 28, 2017 at 10:11 AM

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Former Member

Hello,

We are entering advance receipt from customer using transaction code F-29.

When we enter tax code and click on calculate tax, system is calculating incorrect tax.

It is picking up correct tax rate from condition type maintained in FV11. But it calculates the amount as if the tax rate is half of what is maintained. For instance if tax rate maintained is 10% then tax is calculated as if tax rate is 5%

Please see below screenshot

The tax rate is 10%. The tax amount should be 90.9 and tax base amount should be 909.1

However system is calculating tax as 47.62 and base amount as 952.38. This is wrong.

Regard

Atul

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1 Answer

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Former Member Nov 16, 2017 at 07:43 AM
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Hi Atul

Have you Got The Solution for the above issue.

I am Facing the Similar Issue

Thanks

Ravi

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