Dear All,
We are using the Tax Procedure TAXINN.
When we create a LIV document with ref to a PO using the transaction MIRO & when I check the calculate tax button, the tax amount which is displayed in the Basic data is more than the amount which is displayed in the taxes tab.
For Ex:
Created a PO with the following details.
Total Qty in PO - 10
Base Price - 1000/qty.
BED - 14% - 1400.00
ECS - 2% - 28.00
VAT - 4% - (4% on 11428) - 457.12
So my total Tax = 1885.12 (Including Excise & VAT).
Now when I create a MIRO document the tax amount which gets calculated when I check the Calculate button is 1885.12 (Same as above) in the Taxes tab of MIRO.
But the tax amount which is displayed in the Basic data tab is 1,942.24
Also when I simulated the MIRO entrys the VAT amount which was simulated was - 514.24 & not 457.12 as in PO.
Can anyone please advice on the reason for this mismatch in VAT calculation during the time of MIRO?
Is there any specific settings for VAT in TAXINN ??
Note :
The Excise & VAT are calculated correctly during the time of PO creation. Also I havent maintained any additional VAT condition types for my VAT in the tax procedure.
Awaiting helpful replies.
Regards,
Edited by: SAP FC on Dec 5, 2008 3:44 PM