Dear SAP Pantars,
Kindly help me to know the complete configuration steps (i.e both from IMG and from SAP Menu) for the following price calculation in PO, for the particular vendor when we select particular tax code.
Example:
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Basic price: price * quanity: 2 *10 = 20.00
Less discounts: 10% = 2.00
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Price after discounts: = 18.00
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Add Taxes after price dicsounts
a) Excise duty of 4% on 18.00 = 0.72
b) Education cess on ED of 2% = 0.0144
c) sec Ed cess on ED of 1% = 0.0072
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Price after tax: = 18.7416
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Add freight 5% on price after discount: = 0.9
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Net effective price: = 19.6416
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Regards,
Prashanth