We have a requirement (South Africa) where we have the gross amount (final selling price) and tax percentage. The net amount and tax amount has to be back calculated from the gross amount.
For example:
Gross price = 100 ZAR
Tax % = 15%
Therefore, the pricing should be as below:
Net amount = 86.96 ZAR
Tax amount = 13.04 ZAR
Gross amount = 100 ZAR
What is the best approach to handle this pricing scenario in SAP?
Is there is an option in standard SAP that can do the net amount calculation based on gross amount and tax percentage?
Thanks in advance for your help.
Shan
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