Here my Pricing is like
Quantity - 100 kg
Net price - 200 inr 100*200 = 20,000
2% discount - 400 inr = 20,000 - 400
Net - 19,600.00 INR
ZBPO Basic price 200 inr condition value 20,000 inr
my net value is 19,600 inr..........but system is calculating the tax in 20,000 y is it happening
my tax is to be calculated on 19,600.....
hi..
if in PO at net value is 19600 then tax will be calculated only on net value..
so please check in tax procedure...in front of the BASB conf type..have you maintained the routine 362...
it will fetch the value from net value field....
Hope it works
Thansk
Hi,
This may be due to tax procedure cofiguration setting. Check the taxation schema, whether the tax is configured for gross price or net price? If it is net price ,will calculate tax on 20000. the tax procedure is proper go to FE12 and change the date one day plus or minus in condtion record and save. Create PO and select update tax FIELD. Hence the tax will caliculate properly. I hope it works. Thanking you.
Hi
The basic price is the price without taking any other conditions( suchas discounts, surcharges or delivery costs)
But the NET PRICE is the price taking into account discounts and surcharges with reference to the basic price.
So while calculating the net price system take the discount of 2% based on the basic price not on the net price.
Thanks
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