invalid parameter while adding tax formula

[former_member207488]

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

[Former Member · Accepted solution]

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.

[former_member207488 · Accepted solution]

hi Poonkodi,

i tried this before.. not solved, but now problem is solved.. i did it my self.. thanks for your support

[Former Member]

Check it out whether u have defined BED@14_TaxAmt

By

Kalai

[former_member207488]

dear Kalai,

please guide me how to add the parameter.

im bit new to tax formula.

please help me to solve the issue..

[Former Member]

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