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Former Member
Jun 01, 2011 at 04:53 AM

Script logic - Tax calculation

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Hi BPC Gurus,

I am trying to calculate 30% of tax on profit after depreciation and then transfer the amount to Tax account . I have drafted the following script, but it is not working. I have PAD = Profit after depreciation and 489100 = Corporate Income Tax.

*WHEN P_ACCT

*IS PAD

REC(EXPRESSION=%VALUE%0.3, P_ACCT=489100)

*ENDWHEN

*COMMIT

Can you help and explain whats wrong in it and why its not working.

Regards,

KumarMG