Pricing Conditions

[oluwatosin_oladipo]

Hello All,

Kindly help on the scenario described below on how to calculate the 2 tax conditions:

Product A is taxed 16 percent of Tax A and 4 percent of Tax B.

Tax A is calculated directly on the Net price but Tax B is calculated on the Total after Tax A. I have been able to configure the  16 percent which is quite straight forward.

Need help on how to calculate Tax B? Any contribution will be highly appreciated.

Thanks

[Lakshmipathi · Accepted solution]

16 percent of Tax A and 4 percent of Tax B

Can you explain with an example of Business scenario, what is Tax A & B ?? 

Selling Price          100.00

Tax @ 16%             16.00

Total                     116.00

In the above table, do you want to levy further 4% of tax on 116.00 ??

G. Lakshmipathi

[oluwatosin_oladipo · Accepted solution]

Thanks for the illustration. Exactly, i want to levy further 4% of tax on 116.

[Lakshmipathi · Accepted solution]

Your pricing procedure should be

100::PR00:::::::::::::
110::ZTAX::::::::::::100
130::Subtotal:::::::::100:::110
140::ZTX1::::::::::::130

Parallelly, you need to maintain the tax condition records in FV11 accordingly

G. Lakshmipathi

[oluwatosin_oladipo · Accepted solution]

Thanks for all your input. Please what standard condition type can I use to replicate the Subtotal as illustrated in your sample procedure above?

Regards

[sri_ram18 · Accepted solution]

HI,

You can just type Subtotal itself since it is just a label which can be used as identification

Sriram.

[balaji_parsewar · Accepted solution]

You do not need any condition type to represent subtotal.

Just give name subtotal/base/anything as per your understanding.

[balaji_parsewar]

Hi,

Further simplifying & examplifying the given solution

                              From     To     Condition Record     Sample Amount

--------------------------------------------------------------------------------------------------

10     Net Price         0           0                                             100

20     Tax A             10           0            16%                            16

30     Subtotal         10          20                                            116

40     Tax B              30          0             4%                          4.64

I hope it helps.

Balaji

[former_member184065]

Dear,

You can use " From and To " options in V/08 transaction to get it .

10 Pr00

20 TAX1    10    10

30 TAX2    10    20

Thanks,

Naren