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Tax as percentage of totaL order value

Former Member
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Hi,

In pricing i have a scenarios where the tax is calculated on the total sales order value.

If order has 2 items

10 mat1 net value 5000

20 mat2 net value 40000

The tax should be 1 per of 90000 ie RS 900

The client does not want it enter it manually and want to use condition records.

Best regards

Jatinder

Accepted Solutions (0)

Answers (2)

Answers (2)

Lakshmipathi
Active Contributor
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Dear Jatinder

The simple logic to calculate tax is it should be calculated on Base Price + BED + ECESS + SHRCS. So you have to define your pricing procedure accordingly.

thanks

G. Lakshmipathi

former_member550050
Active Contributor
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Hi

As per my knowledge tax is always calculated on the nett value of the sales order which is in line with your requirement

Make sure that in your pricing procedure that you are not giving from and to for that tax condition tye

Suppose in your PP you have a PR00 at step 10 ( first condition type)

Say a customer discount K007 at step 20

Say a material discount K020 at step 30

Material price is Rs100 and customer discount is 5 % thae it is 95 rupees and than a material discount another 5 % then the nett price becomes Rs 90

Now you want tax MWST to be 1 % on this Rs 90 that is 90 paise or .9 rs then in your PP mwst should be in step 40 without from and to and with its requirements and other things

You have to maintain condition record for MWST as 1 % for your domestic key combination

Regards

Raja