Selling Price at cost Plus output tax

[Former Member]

Hi,

We are selling our merchandise at cost.

What condition should we maintain so that output tax will be added to the price at cost?

Currently, cost is already inclusive of the output tax. So, in financial statement preparation cost of sales is higher than the sales. \

Assuming cost of sales is 25.00, sales will be recorded at 22.32 and output tax of 2.67.

Now, we want to present it as cost of sales is 25.00, sales at 25.00 and output tax is 3.00.

Thank you.

Rachelle

[reazuddin_md · Accepted solution]

As per your request,

Cost of Sales will be taken from the Material Master - Accounting & triggered as Cost in any sales transaction with Cond type:VPRS.

As stated in your example:

Cost: 25.00, sales :25.00 & Tax will be 3.00

then VPRS - 25.00 in Material Master - Accounting

Sales price for this material is - 25.00 ( Vk11- PR00 Cond type eg)

Tax will be calcualted on sales price accordingly.

try this,

[Former Member]

Hi

Kindly refer standard condition type EK01 & EK02.

These does't have a access sequence.

As per my understanding these condition types are used in the scenario explained by you. i.e. when price should be cost etc..

thank you

Best regards

Anirudh

[Former Member]

Better is to remove any entry against from & To Column from VPRS Condition Type.Also check any routine except 10 in Requirement & 16 in Alternative Con. Base Value in VPRS Condition type in the Pricing Procedure.

Best Regards,

Ankur

[Former Member]

Hi

As tax is calcultaig as 'inclusive', i guss that the tax conition type's condition category is as inclusive , Hence a tax condition type is need be added in pricing procedure for exclusive tax calculation purpose.

rajen

[Former Member]

How do i add the condition type?

Thank you.

Rachelle