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Critical VAT calculation
vedavyas
Member Posts: 7
Hi Experts,
can i calculate vat amount after excise tax has been calculated.
My requirement is i want to calculate vat% on the amount after all other taxes have been calculated.
For example,
total amount 100
excise 8
other taxes 10
now i want vat to be calculated on 118
I have added the vat to the structure and gave calculation formula as excise + other taxes also still it is calculating VAT on 100 rupees but not 118
how to acheive this.
](*,)
can i calculate vat amount after excise tax has been calculated.
My requirement is i want to calculate vat% on the amount after all other taxes have been calculated.
For example,
total amount 100
excise 8
other taxes 10
now i want vat to be calculated on 118
I have added the vat to the structure and gave calculation formula as excise + other taxes also still it is calculating VAT on 100 rupees but not 118
how to acheive this.
](*,)
0
Comments
In Indian version, don't add vat but add sales tax in the structure and then try.
No PM,please use the forum. || May the <SOLVED>-attribute be in your title!