Tax Code

Hello,

How to calculate total percentage for a particular tax code,

for example , for tax code VA ---> 16 % Excise, 2% ECS, 4% Vat

we calculate total percentage of tax in the following way,

2% of 16% = 0.32

so it will 16 + 0.32 = 16.32

now 4% Vat for 16.32 % = 0.6528.

16.32 + 0.6528 = 16.9728 %

now the total tax percentage for VA is 16.9728 %.

is such Details maintained in SAP for all tax Code...

WIth regards,

Poornima.