Pricing in formula based
I am trying a pricing procedure in formula based. ( I have not worked in TAXINJ ). I need input on the following senario:
Client wants to sell an X material from one plant to another plant ( Doing a normal sales i.e. Order- Deliver -Billing).
There will be a Basic price say 1000
Then The user will input BED manually 90
ECess manually 8
SHCess manually 9
SAD manually 30
total value of tax 137
( +of BED+ECess+SHcess
Total Value 1137
( +Basic price+Ecess+Shcess+
How Can this be worked out in Formula based. What are the settings need to be done. ?
How the GL account are maintained for the excise part ?
Client wants that during Billing in VF01 the excise entries should go to ( Ed recv on product) and automatically there should be corresponding contra entry for the excise part i.e. ( BED,Ecess and SHCess payable ) Is this the same setting which we do during TAXINN "Excise Inv during billing" and where are the GL accounts for this payable should be maintained ?
Kindly guide me on this scenario and how to configure.