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Base amount in tax procedure is calculating wrong

Dear all,

I am creating an asset Import purchase order with using freight and insurance conditions in pricing procedure.I put some value on freight and insurance.

In the tax procedure BASB (base amount ) is calculating wrong.

For example.

exchange rate: 67.95 USD

IN PRICING PROCEDURE:

Base value: 650000 USD

Freight value: 135609.38 USD

Insurance value: 6376.83 USD

IN TAX PROCEDURE:

BASB:10,297,962.97

It is wrong.

it should fetch there 791986.21 USD.

Please suggest what should I do?

Thanks & Regards.

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3 Answers

  • Dec 31, 2017 at 06:43 PM

    Hi,

    Please check the document which explains the concept of taxation with freight in Indian Scenarios. Chekc the same with your settings and revert back.

    https://blogs.sap.com/2014/03/28/tax-calculation-on-freight-different-scenarios/

    Regards,

    Prasoon

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  • Jan 02 at 03:06 PM

    Hi,

    I have already mentioned that its not the best practice to insert tax code in Import PO in case of India - GST scenario. However, understanding your current situation, I would suggest to check the below:

    In the MM pricing procedure, you have maintained "Print Indicator" as "S" (left to subtotal 4). Remove S and test the scenario again with a new PO.

    Check the same and reert back.

    Regards,

    Prasoon

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  • Dec 30, 2017 at 10:01 AM

    Screenshot 1: Pricing procedure


    Screenshot 2: Pricing procedure in purchase order

    Screenshot 3: Tax procedure

    Screenshot 4: Tax Procedure in Purchase order

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