Issue with Tax Calculation

[Former Member]

Hi,

When i am posting invoice at F-22, Tax is getting calculated but not in the proper way. Ex: When i made a invoice of 10000, Tax is deducting from my Sales Price and adjusted with the Tax Accounts. Here is one INvoice

Customer A/c 10000

To Sales 7,608.38

To Excise Duey 1,255.39

To VAT 1111.11

To Cess 25.11

Insted of adding the taxes to customer account they are deducting from my sales figure.

HOw to resolve this issue.

Satish

[Former Member · Accepted solution]

Hi,

If you are raising the invoice of Rs. 10,000/- which is inclusive of all taxes, then the system behaviour is correct.

Thanks & Regards,

Harish

[Former Member · Accepted solution]

Thank you Harish,

OK, Now if i want to add taxes to my sales value and want to collect from the Customer, how to configure this.

Sales Price is 10000

Add: VAT xxx

Add: CST xxx

Add: Excise: xxx

TO Customer 10000+XXXX

How to configure this

[Former Member · Accepted solution]

Hi,

This is the pricing procedure customised by the SD person. The user thus specify the basic price (Revenue) and other taxe code (tax rates). The total is made as receivable from customer.

Please co-ordinate with the SD consultant for that.

Or put Rs. 10,000/- in the selling price.

Hope this helps, if yes, please assign points.

Regards,

Harish

Message was edited by:

Harish Mittal