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invalid parameter while adding tax formula

hi all,

I am adding the tax formula for BED @ 14 %

i defined new tax type as BED@14 under the CENVAT category

while defining the formula below

if (AssessableValue > 0)

{ BED@14_BaseAmt = AssessableValue*Qty }

else

{ BED@14_BaseAmt = Price*Qty }

BED@14_TaxAmt=BED_BaseAmt*BED@14_Rate

i get the error,

BED@14_TaxAmt Invalid parameter

please give me the solution as soon as possible

regards,

Yeshwanth

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2 Answers

  • Best Answer
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    Former Member
    Oct 04, 2008 at 10:36 AM

    Hi,

    if (AssessableValue > 0)

    { BED@14_BaseAmt = AssessableValue*Qty }

    else

    { BED@14_BaseAmt = Price*Qty }

    BED@14_TaxAmt=BED@14_BaseAmt*BED@14_Rate

    I think this will work.

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    Former Member
    Oct 04, 2008 at 09:22 AM

    Check it out whether u have defined BED@14_TaxAmt

    By

    Kalai

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    • Former Member Yeshwanth Prakash T.S

      First define tax type..

      Goto Administartion->Setup->Financial->Tax->TaxType. I believe YTax Type BED Already avilable. If you want to add new formula.

      Then got Administartion->Setup->Financial->Tax->TaxFormula

      Then give Code name BED and description

      In left sde of the table

      Define formula Input

      Variable: BED_Rate Parameter:BED_Rate

      and do the same others too like Total, AsseseeableValue, Price, Quantity

      Then put the formula

      if (AssessableValue > 0)

      { BED_BaseAmt = AssessableValue*Qty }

      else

      { BED_BaseAmt = Price*Qty }

      BED_TaxAmt=BED_BaseAmt*BED_Rate

      Hope this will help you.

      By

      Kalai