GST Calculation in Singapore Localization

Hi Experts,
Can we change the logic of calculating the tax amount in SAP Business One?
I worked out this formula by seeing from SAP results:
Exc. Rate 1.408000
Line Total USD 714.80
Tax USD 50.04
Total USD 764.84
My customer A/P Invoice (from supplier) tax is 70.46 but in SAP it is 70.45
SAP is actually taking 714.801.4080007/100 = 70.45 rather than USD50.40*1.408000=SGD70.46
How? Any solution for this? There is no way to tell customer to post manual JE whenever he/she encounters this problem.
Please advice.
Regards,
Lim

Hi,
I think it is a current SAP B1 standard. You could also log message to SAP ask this calculation. In this forum, prior to log message, you could request a change in the calculation.
Prior to SAP B1 2007A and B1 8.8, there is an issue with the tax calculation. So, in these two new versions, it has been solved.
Rgds,
JimM

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Last month I requested help on VAT calculation in UK Localization; for which I received a helpful explanation from Rajiv Agarwalla. Here is the link...
VAT Calculation in UK Localization
Now I require a SDK help on this...
I am creating a Purchase Order through Document object; which gets successfully posted in SAP Business One. But calculated VAT doesnu2019t include terms discount. Somehow it is not referring the cash discount attached with the Payment Terms.
When I opened the created Purchase Order in SAP Business One; and reassign the same Payment Terms then it considers the discount and appropriately calculate the VAT.
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        Dim lstr_Err As String = ""
        Dim lint_ReturnCode As Integer = 0
        Dim lstr_ObjKey As String = ""
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            'Set the DocDate
            lobj_oRecSet = lobj_oSbo.GetDueDate("V10000", Today.Date)
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            'Set the Document Due Date depending on the Payment Terms set
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After the Purchase Order gets added I get the following results:-
Line Level Amounts :-
Unit Price :- 500 GBP
Line Discount % :- 0.00
Price After Discount :- 500 GBP
Vat Group :- I1
Gross Price :- 587.50 GBP
Total Lc :- 500 GBP
Tax Amount LC :- 87.50 GBP
Gross Total Lc :- 587.50 GBP
Header Level Amounts :-
Total Bef.Discount :- 500 GBP.
Header Discount :- 0.00 %
Tax :- 87.50 GBP
Total Payment Due :- 587.50 %
But the expected result has to be as follows :-
Unit Price = 500 GBP
Cash Discount Percent :- 2 %
500 - 500*2 % = 490
490 * 17.5 % = 85.75 GBP
So the Tax Amount at the Line level should be 85.75 GBP instead of 87.50 GBP
I would appreciate if someone could review my code and rectify the problem.
Regards,
Jennifer Smith.

Still no luck
I was just investigating this and found that;
When I add Purchase Order through SAP Business One application it keeps the applicable terms discount in field u201CVatDscntPru201D table POR1.
But this field is not exposed through SDK Document Lines object. So I am not able to update this field and thatu2019s the reason my tax amount is incorrect.
I am worried about this and donu2019t know how can I calculate the tax appropriately. Can any one please help me out?
Regards,
Jennifer Smith.

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Hi experts,
I really need your help here.
My decimal places settings:
amount 2
price 5
rates 6
quantities 0
percent 2
units 2
My 1st question:
How SAP calculates the GST 7%?
I worked out this formula by seeing from SAP results:
Exc. Rate 1.408000
Line Total USD 714.80
Tax USD 50.04
Total USD 764.84
My customer A/P Invoice (from supplier) tax is 70.46 but in SAP it is 70.45 meaning SAP is actually taking 714.801.4080007/100 = 70.45 rather than USD50.40*1.408000
I tested with more than 15 invoices and the results are the same (meaning either one cent extra or less). My customer wanted to kill me so badly why SAP is behaving like this. Check this invoice:
Exc. Rate 1.373000
Line Total USD 225.00
Tax USD 15.75
Total USD 240.75
If you used the same formula as mentioned above, we should get 21.62475 but when I looked into the entry created by SAP it shows 21.63. Why? Is it because of round up? 5 rounded up and 7 became 8, 8 rounded up and 4 became 5, 5 rounded up and 4 became 5 and finally 5 rounded up and 2 became 3? What should I do for my customer? Post journal entries?
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gst SGD 8.12
total SGD 124.12
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Please advice.
Best regards,
Lim

Hi Lim,
For AP invoices, you can force in the tax amount. Update your Form Settings so that the "Tax Amount" field is displayed. Another option would be to look into the rounding or under/overpayment features. Where you are using foreign currency, you may want to have rounding active. Do some test transactions is your test db (copy of the live/production database) to see if this is the right solution for you.
Amount = extended price/amount (line total). If your price is at 5 decimals, the line total (extended price/amt) will be rounded to 2 decimals, which explains what you see (21.63).
For 1st question: tax is calculated on net amount then it applies the exchange to the tax amount so 70.45 is correct.
For 2nd question, not sure what it is you are looking for... Are you sure you have the currencies and amounts in your question correct? Do you display both LC & FC in the J/E? Only way I can think of amounts changing is if you are looking at amount for one transaction (ex. Delivery) vs another (ex. AR invoice) and the rate may be different in the two transactions.
If you need more assistance, please indicate your currency settings as well as SBO version/localization.
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hi,
correct me if i am wrong.
1) wht - customer will deduct the tax amount from the buying price when make payment. example price 100usd - tax 10usd = 90usd to vendor. although vendor invoice is 100 but vendor only receive 90usd. correct?
2) customer will pay the 10usd to tax authority?
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Dear Eliana, I have an example for you on how GST is being calculated.
Puchase Order Condition
Suppose you want to calculate the GST and DISCOUNT for a Net Value of 100.
Net value                                              100
GST 10%              of 100                        10
DISCOUNT 10%    of 100                        10
Final Net value                                       90
Moreover, in the case of Singapore there are what we say as GST return
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Total accounts receivable
Total accounts payable
Total input taxes
Total output taxes
Goods and service tax to be paid or refunded
You can print out the tax return using SAPscript form F_RFUVSG_01.
Prerequisites before you can prepare a tax return, you must make the following Customizing settings. Note that the system makes these settings automatically when you create a company code using the template for Singapore [Ext.]:
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P1 (3% tax on purchases)
PO (exemption from tax on purchases)
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S1 (3% tax on sales)
SO (exemption from tax on sales)
2. Define tax grouping version SG01 and assign it to form F_RFUVSG_01 in Customizing for Financial Accounting,
General Ledger Accounting -> Business Transactions ->Closing -> Reporting -> Sales/Purchases Tax Returns -> Define Tax on Sales/Purchases Groups.
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General Ledger Accounting -> Business Transactions -> Closing ->Reporting ->Sales/Purchases Tax Returns ->Assign Company Codes to Tax on Sales/Purchases.
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Hope this help, and dont for get to assign points

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Dr. 113001 - Trade Receivables
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Cr. 411001 - Revenue
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Dr. 113001 - Trade Receivables
Cr. 241001 - Tax Payable
Cr. 253001 - Advance Sales
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Dr. 113009 - Receivables Down Payment
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Cr. 253001 - Advance Sales
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GST Calculation in Singapore Localization

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