How do I calculate varying VAT rates?

I have been using the following formula in Excel -
G=(E-(E(40/47)))F/100
where E is the TOTAL amount (including VAT), F is the percentage of VAT claimable (either 100, 90 or 20%), and G is the calculated VAT figure
This works fine in Excel to give me the VAT figure in the G column, relevant to whether I have put 100, 90 or 20 in the F column.
Problem I have is that Numbers does not recognise this equation
Any suggestions for an alternate equation that Numbers will accept?
(VAT in the UK is at a rate of 17.5%, hence the multiply by 40, and divide by 47 part of the equation)
Thanks

How is the formula not working? Calcualtion or in formula entry? Two things I noticed:
First, the simple one. The Numbers formula starts with the = sign and has nothing to the left of the = sign. You may have added the G in your example simply for explanation to us.
Second, 1-40/47 is 14.89% not 17.5% If the rate is 17.50% and not an irrational number I would not express the rate in the formula in the way that you did.
Try a simplification that takes advantage of operator precedence. For example set the cell in column G to be:
=E(1-40/47)F/100
If 17.50% is indeed the correct amount that you really intended to calculate, make the constant 0.175 instead of (1-40/47).
Your formula worked for me in Numbers as described above, at least in the respect that it produced a number result with no errors.

Similar Messages

  • How to Configure 6 Different VAT rates in the System

    Hi All,
    I have a scenario here for VAT. My client wants this VAT rates to be in the sales.
    S1      VAT N/A                
    S2      VAT 0%                    
    S3     VAT 6%                    
    S4     VAT 19%          
    S5     VAT within EU 0%          
    S6     VAT Export 0%     
    I have tried to maintain 6 condition types but the billing will not pick up due to there will also be 6 different tax rates in the customer master tax classification.
    I have tried to make these rates with both options of tax exempt and dutiable so that if user decided on VAT 19% the rest of the rates should be zero and the end result should be VAT 19% is dutiable but at the billing header it seemed to take the first VAT rate which is VAT N/A which is a zero as it goes by the order 0,0,0,1,0 and 0.
    Appreciate if someone can englighten me on other better workarounds or solutions. Can't think of any for now.
    Thanks in advance for your inputs!

    Hi,
    This can be done by using different tax codes.
    Create different tax codes for all tax rates.
    Create diffrent customer tax classification and material tax calssification.
    Maintain condition records as follows
    Plant region/Customer region/tax classification for customer/tax xlassification material.
    Maintain records here and assign the tax code here.
    Make sure your VAT condition category is  D - taxes.
    Hope your problem will be solved
    Regards
    Rasik Waghela

  • How to calculate different tax rates for  same material in single invoice.

    Dear All,
    If the excise rates are changed during the budget and the stock is lying with the client with the existing rate.
    After effective date of new rates we receive the good with new rates.The new and the old rate stock is sent to a customer in single invoice.How can we configure such case. The excise should calculate by old rate to old stock and new stock should be calculated by new rate.
    Please guide in such case.
    Thanks in advance.
    deepti

    Hi Deepti
    In copy control you will have to redeterfine taxes whilst billing.
    If you want you change this and keep it as copy pricing. This won't change anything. Else use Copy prices and redetermine tax. You can find this setting in VTLA and VTFA in item category Pricing type.
    You can't have both of then in the same invoice as procedure is decided for the whole invoice and not a single Item. You can rather have two different item category type. TAN and ZTAN you redetermine taxes for tan and copy them as it is for ZTAN.
    Regards

  • How do i ensure my sampling rate is a constant and correct (@250Hz) when using AI Sample Channel vi

    I am running a VI that samples 2 channels using the AI Sample Channel vi within a for loop (executing equal to the number of samples i require), i then calculate the difference between the channels. Within the for loop i use a chart to displays this difference in realtime.
    On exiting the loop the data is converted to an array, which in turn i then convert to a waveform (using dT as 0.01 as an arbitary solution at the moment). The waveform is then compared to limits using the limit specs and limit testing vi's.
    There is also other code displaying graphs from the previous iterations of the VI.
    My question is how do i control the aquisition rat
    e so that i know that the AI Sample Channel vi is sampling my data at a set rate (250Hz)?
    I have tried to use some of the hardware timed exaples supplied by NI to no avail. They can't give me the single point output required within the initial for loop for the real-time display.
    Any solutions welcome!!

    How about buffered acquisition? You can let your DAQCard acquire the number of samples you require instead of doing it with a FOR loop. Using a FOR loop means that you are software timed, which may as well be untimed since it's about as deterministic as the weather in Florida.
    Look for the "Acquire N Scans.vi" example.
    If you want to do this the RIGHT way, use continuous acquisition. Start your acquisition and keep doing AI Read in a loop. Also include your porcessing and display functions in the loop. Just make sure your loop runs fast enough to keep up with your acquisition. At 250 Hz, you should have no problem.
    Dan Press
    www.primetest.com

  • How to configure release procedure for rate contracts release

    Dear all,
    How to configure release procedure for rate  contract following are the requirements
    they are two release codes c1 & c2 <=100000,>=100000
                    if  c1 is not there c2 has to be approved
         Change in the value of the rate contract contract
         Change in the validity of the rate contract
         Addition of deletion of line items
    While using a non u2013 released rate contract in the PO an error message should shoot out.
    Also the logic should be changed while using the rate contract in the PO.
    The usage of the rate contract should be till the validity of the rate contract. i.e. the measurement should be end date of the rate contract and the PO creation date and not the delivery date of the PO. &
    It should be possible to refer existing valid rate contracts in purchase orders.
    Regards,
    bhaskar

    Hi,
    In SAP rate contract is known as value contract denoted with wk. The release procedure for rate contract is same as that of other contracts and scheduling agreements. The tables  for contracts will vary with SA (Scheduling agreement) .You may try and maintain condition records based on the customer combination and maintian the validity date of condition records as per your requirement.For contract and PO will have the same header/item table as EKKO/EKPO, and the release
    class in standard is the same FRG_EKKO, you can use the same for contract.
    To distinguish if it's a contract or PO, EKKO-BSART can be used.
    For contract EKKO-BSART will be MK or WK, while PO will have NB/UB etc..
    You can restrict the document type to set up the release strategy for only contract.
    Of cause, you can also create your own release class Z* for contract copying standard
    one FRG_EKKO via CL01/Class type 032, and then assign the class Z* to customizing:
    OLME:
    -> contract
    ->Release Procedure for Contracts
    ->Define Release Procedure for Contracts
    ->Release Groups
    If you have already created the PO release class.
    Assign a new chracteristic of Document Category -BSTYP
    Please check below link for detailed release procedure. I hope this wil help you out .Thanking you.
    http://wiki.sdn.sap.com/wiki/display/ERPSCM/RELEASE+PROCEDURE#RELEASEPROCEDURE-TABLESUSEDFORRELEASEPROCEDURES

  • How i can calculate the backplane speed & throughput of cisco 48 1G 2960S switch?

    How i can calculate the backplane speed & throughput of cisco 48 1G 2960S switch?

    Disclaimer
    The  Author of this posting offers the information contained within this  posting without consideration and with the reader's understanding that  there's no implied or expressed suitability or fitness for any purpose.  Information provided is for informational purposes only and should not  be construed as rendering professional advice of any kind. Usage of this  posting's information is solely at reader's own risk.
    Liability Disclaimer
    In  no event shall Author be liable for any damages whatsoever (including,  without limitation, damages for loss of use, data or profit) arising out  of the use or inability to use the posting's information even if Author  has been advised of the possibility of such damage.
    Posting
    Calculate?  Calculate for wirespeed/line-rate?  If the latter, take all the port bandwidths, and assuming they are duplex, double for necessary fabric bandwidth.  I.e. 48 gig ports would need a 96 Gbps fabric.  Take all your port bandwidths, and allow 1.448 Mpps per gig (for minimum size Ethernet packets), i.e. 48 gig ports would need 69.5 Mpps.  Once you have required fabric bandwidth and PPS, you can compare to vendor's specs.

  • VAT Registration Number & VAT code & VAT rate

    Hello Gurus,
    I am trying to find out,
    1) How can I retrieve (either via a table lookup or function module) a list of VAT codes & VAT rates by   
        Legal Entity and Country?
    2) How can I retrieve (either via a table lookup or function module) the VAT Registration number by Legal
        Entity/Country/RE?
    Any table or function module which can provide me the data is fine.
    Please help.
    Thanks in advance.

    Hi Kumail,
    1. List VAT Codes : use table T007A
        VAT Rates : You can use table KONP, or use function module GET_TAX_PERCENTAGE
    2. VAT Registration Number is usually maintained in Tax Number 1 in Vendor Master, so you can found it in table LFA1-STCD1

  • Calculate changing wage rate pr hour in numbers

    Calculate changing wage rate pr hour in numbers:
    Hi I need some help calculating my salary. I get paid different wage rates every hour:
    UGESATSER
    Mandag
    Tirsdag
    Onsdag
    Torsdag
    Fredag
    Lørdag
    Søndag
    1:00
    163,72
    163,72
    163,72
    163,72
    163,72
    163,72
    225,97
    2:00
    163,72
    163,72
    163,72
    163,72
    163,72
    163,72
    225,97
    3:00
    163,72
    163,72
    163,72
    163,72
    163,72
    163,72
    225,97
    4:00
    163,72
    163,72
    163,72
    163,72
    163,72
    163,72
    225,97
    5:00
    163,72
    163,72
    163,72
    163,72
    163,72
    163,72
    225,97
    6:00
    163,72
    163,72
    163,72
    163,72
    163,72
    163,72
    225,97
    7:00
    124,50
    124,50
    124,50
    124,50
    124,50
    124,50
    186,75
    8:00
    124,50
    124,50
    124,50
    124,50
    124,50
    124,50
    186,75
    9:00
    124,50
    124,50
    124,50
    124,50
    124,50
    124,50
    186,75
    10:00
    124,50
    124,50
    124,50
    124,50
    124,50
    124,50
    186,75
    11:00
    124,50
    124,50
    124,50
    124,50
    124,50
    159,36
    186,75
    12:00
    124,50
    124,50
    124,50
    124,50
    124,50
    159,36
    186,75
    13:00
    124,50
    124,50
    124,50
    124,50
    124,50
    159,36
    186,75
    14:00
    124,50
    124,50
    124,50
    124,50
    124,50
    159,36
    186,75
    15:00
    124,50
    124,50
    124,50
    124,50
    124,50
    159,36
    186,75
    16:00
    124,50
    124,50
    124,50
    124,50
    124,50
    159,36
    186,75
    17:00
    124,50
    124,50
    124,50
    124,50
    124,50
    159,36
    186,75
    18:00
    159,36
    159,36
    159,36
    159,36
    159,36
    194,22
    221,61
    19:00
    159,36
    159,36
    159,36
    159,36
    159,36
    194,22
    221,61
    20:00
    159,36
    159,36
    159,36
    159,36
    159,36
    194,22
    221,61
    21:00
    159,36
    159,36
    159,36
    159,36
    159,36
    194,22
    221,61
    22:00
    159,36
    159,36
    159,36
    159,36
    159,36
    194,22
    221,61
    23:00
    159,36
    159,36
    159,36
    159,36
    159,36
    194,22
    221,61
    0:00
    163,72
    163,72
    163,72
    163,72
    163,72
    198,58
    225,97
    How do i make a calculation that includes different rate pr. hour? It would be nice if i just need to put in the dates and time link this and than Numbers calculate my salary based on the different wage rates. Hope you can help. THANKS.
    I have set up my numbers like this:
    Start
    Tid
    lør. 10. januar 07.00
    lør. 10. januar 23.00
    16 timer
    SALARY
    søn. 11. januar 07.00
    søn. 11. januar 23.00
    16 timer
    man. 12. januar 07.00
    man. 12. januar 23.00
    16 timer
    ons. 14. januar 07.00
    ons. 14. januar 23.00
    16 timer
    tor. 15. januar 07.00
    tor. 15. januar 23.00
    16 timer

    No.
    sheet 2 shows my working days from January. Fx.
    lør. 10. januar 07.00
    lør. 10. januar 23.00
    16 timer
    That is a Saturday which means that thies are the wage rates for each hour(sheet 1):
    UGESATSER
    Lørdag
    1:00
    163,72
    2:00
    163,72
    3:00
    163,72
    4:00
    163,72
    5:00
    163,72
    6:00
    163,72
    7:00
    124,50
    8:00
    124,50
    9:00
    124,50
    10:00
    124,50
    11:00
    159,36
    12:00
    159,36
    13:00
    159,36
    14:00
    159,36
    15:00
    159,36
    16:00
    159,36
    17:00
    159,36
    18:00
    194,22
    19:00
    194,22
    20:00
    194,22
    21:00
    194,22
    22:00
    194,22
    23:00
    194,22
    0:00
    198,58
    This day my calculation should calculate this:
    4 hr @ 124,50 (7-11)
    7 hrs @ 159,36 (11-18)
    5 hrs @ 194.22 (18-23)
    0 hrs @ 198,58 (23-24)
    Some times I work efter 00:00 fx. til 4 in the morning.
    THANKS

  • How to get the monthly interest rate

    Hello!
    I have been using AppleWorks for 10 years.
    Since that time, I use a financial template named Mortgage Analyser.
    In this file, one can get the pmt if one provided the +pv, monthly interest rate and the number of periods.+
    What I get is the reverse, that is, how to get the +monthly interest rate+, if I provide the +pv, the number of periods and the pmt+?
    I think I had this in the past, but I can not find it.
    Thanks,
    Jorge Lucas (the guy from Rio Grande do Sul)

    Peter,
    I already saw that, but it does not give me what I want.
    That works only if you put a money at a savings account and DO NOT TOUCH IT for a given period.
    My need right now is to help a girl to buy a car in 36 or 48 monthly payments and calculate the real interest.
    I want to have this for any other similar buying.
    I can do it using the Mortgage Analyser template changing the MONTHLY RATE by *+try and error+* but — +since I am a High School Math Teacher+ — I would like to have the function directly.
    Another day I was looking on the Internet and it seems that there is no direct response for what I want, using AppleWorks.
    So, if I continue to use AW, I must calculate it by try and error.
    Thanks anyway!
    Jorge Lucas (the guy from Rio Grande do Sul)

  • How to use do varying command

    Hi all,
    DATA: BEGIN OF i_mgmt OCCURS 0,
           btrtl     TYPE pa0001-btrtl,
           btext     TYPE t001p-btext,
           perm      TYPE pad_amt7s ,
           con       TYPE pad_amt7s ,
           perm2     TYPE pad_amt7s ,
           con2      TYPE pad_amt7s ,
           perm3     TYPE pad_amt7s ,
           con3      TYPE pad_amt7s ,
           tot       TYPE pad_amt7s ,
           avg       TYPE pad_amt7s ,
          END OF i_mgmt.
    This my int. table and i need to calculate tot. row wise How can i use do varying command in this condition. Or any other way to calculate tot. row wise...Plesae help me
    Thanks.

    Hi,
    Check this example program how to use DO VARYING ..
    REPORT ZTEST_NOTEPAD.
    DATA: BEGIN OF text,
            word1 TYPE c LENGTH 4 VALUE 'AAAA',
            word2 TYPE c LENGTH 4 VALUE 'BBBB',
            word3 TYPE c LENGTH 4 VALUE 'CCCC',
            word4 TYPE c LENGTH 4 VALUE 'DDDD',
          END OF text.
    DATA: word  TYPE c LENGTH 4,
          char1 TYPE c LENGTH 1,
          char2 TYPE c LENGTH 1,
          leng TYPE i.
    FIELD-SYMBOLS <word> LIKE text-word1.
    DATA inc TYPE i.
    DESCRIBE FIELD text LENGTH leng IN CHARACTER MODE.
    leng = leng / 2.
    DO leng TIMES VARYING char1 FROM text(1)
                                NEXT text+2(1) RANGE text
                  VARYING char2 FROM text+1(1)
                                NEXT text+3(1) RANGE text.
      WRITE: char1, char2.
      char1 = 'x'.
      char2 = 'y'.
    ENDDO.
    DO 4 TIMES VARYING word FROM text-word1 NEXT text-word2.
      WRITE / word.
    ENDDO.
    DO.
      inc = sy-index  - 1.
      ASSIGN text-word1 INCREMENT inc TO <word> RANGE text.
      IF sy-subrc = 0.
        WRITE / <word>.
      ELSE.
        EXIT.
      ENDIF.
    ENDDO.
    Thanks
    Venkat.O

  • Wether can invoice have with two different VAT rates, 16%

    Dear SDN team,
    I have a requirement like a invoice should have two different VAT rates.
    Situation is below:
    A rebate agreement is created and it was settled partially and final settlement is also carried out.
    Rebate agreement nº  XXXXXXXX, with a validity period between the 01.05.2010 until 31.07.2010. This rebate agreement created the credit memo XXXXXXXXX with the VAT rate of 18%.
    Mean time the VAT rate was changed from 1st July from 16% to 18%.
    There are invoice created in the first half and others belonging to the second half.  Invoice created during the First Half it was created the VAT value with 16% (Before July)and the Invoice created with the Second Half it was created with 18% (After July1st).
    But customer request is to have an invoice with two different VAT rates, 16% and 18%. However, the invoice only takes into account the 18%.
    And i have suggested the below resolution - But user still needs to have two different VAT rates in one invoice for the line item this is for the have a legal precept which force me to have a different VAT rates depending on the original invoice date
    Please let me advice how to resolve this issue.
    Looking forward for your favorable reply.
    Thanks and Regards,
    Jana
    Suggested Solution:
    But having two different VAT rates in one single invoice or credit note is not possible at all.
    Further if you would liked to have different VAT rates for the two separate ivoices - This can be done by doing the Rebate agreement with partial settlement for the First half that is before 30.06.2010 and final settlement after 01.07.2010. By doing this rebate agreement will have two different invoices created with two different VAT rates.  But now this is not possible for the RA where it is done with final settlement.
    So, You can not have two different VAT rate in one single invoice.

    Dear,
    In order to solve this issue with wrong VAt rates I propose you to proceed as follow:
    1) Cancel the CN (Credit Note)
    2) In the CMR (Credit Memo Request) set the tax classification of the materials with wrong VAT % to 0 (inside the CMR in item-billing document).
    3) Maintain for the access sequence of MWST a higher access than the normal one for tax classification 0 with the old tax percentage (E.g.: 16% in your case)
    4) Determine a new pricing for the CMR (via menu path: Edit > New pricing document)
    At this stage your items will have some 18% and some 16% of VAT. When you create the CN those percentages will be kept.
    If you are satisfied with the result it is now a matter of making sure the program that prints your invoice is mentioning the different VAT rates of the items. As you didn't specify anything about this point, I seize the opportunity to advice you about. No matter of the type of print program you are using (SAP script, PDF or Smartforms), you need TO BE SURE that when the CN is created (with two different types of VAT %) also your PRINTOUT is properly created mentioning the two different rates and relative values.
    If not printed correctly because you did not foresee to have different percentages it is easy to solve it with a programmer.
    In case of questions or doubts do not hesitate to post back your answer.
    Regards,

  • Calculate realized exchange rate differencies

    During the clearing open items in different currency, system calculate realized exchange rate differencies and post it on GL account , in cleared document there is field  : :Realized exch. rate differencesu201D u201CBSEG-RDIFFu201D and this field should be filled with amount of exchange rate diiferecies but this field is empty. How to customize system to fill this field automatically during the clearing .

    Hi Santosh.
    Thanks for your reply.
    I verified setting in KDF: all reconciliation accounts have  got proper P&L
    GL account-assignments. During clearing open items with payment, system
    calculate exchange rate diff. in proper way but amount of exchange rate
    differences is not entered in field  BSEG-RDIFF. I compare two different
    system and I noticed that in one system amount of exchange rate differences
    is transferred to field BSEG-RDIFF but in second system not. I dont know ,
    why?
    Regards

  • How I can calculate tax !

    Hi !
    I wonder how I can calculate tax !
    Now, I'm investigating  if i can make MM-Invoice with batch-input,
    and i got 1 question.
    In making MM-Invoice, I have to decide total invoice amount with tax before going batch-input.
    While I could find total amount ( by deal × per amount), I couldn't find how to get amount of tax.
    Is there any function module or tables that have tax-rate?

    check table RBVD

  • How do i calculate the average of runs that have variable number of samples?

    Hi
    I am trying to calculate the average trajectory from  lets say 4 runs, with varying sample size.
    That is, if the the 4 runs have 78,74,73,55 samples respectively, How do I calculate the average of (78+74+73+55)/4 , (78+74+73)/3 and (78+74)/2  and 78/1 ?
    Thank you

    I'm not sure you gave a sufficient information. Assuming that you just want to calculate a linear average of the data collected in consecutive runs, you have two simple methods :
    1/ concatenate the data before calculating the mean.
    Simple, but can occupy a huhe amount of space since all the data have to be stored in memory
    2/ store only the means Mi and the corresponding number of data points ni and calculate a balanced mean : M = sum (ni x Mi) / sum (ni) )
    The attached vi illustrate both methods.
    Chilly Charly    (aka CC)
             E-List Master - Kudos glutton - Press the yellow button on the left...        
    Attachments:
    Averages.vi ‏40 KB

  • MMPV - Close period - How to create a variant

    Hello all,
    Transaction MMPV is used to close the MM period and open a new one. Currently, we run this transaction every month MANUALLY.
    We would like to create a variant that will open the new period automatically every month. The only problem is the period / year that changes every month (I do not know how to create a variant with changed values - if it is at all possible).
    How can we create a variant that will run every month to close the MM period ?
    Thanks for your help,
    Isaac

    Hello Isaac
    It is possible......But to make it happen you need to go with date field and not with Period and year.
    Steps -
    1 - Enter field FROM Comp Code and TO Comp Code
    2 - Enter the date (E.g - 05-Mar-2007)
    3 - Save as varient....Give the varient names as required.
    4 - Activate the 4th checkbox (Selection variable) in front of date field
    5 - Click on button 'Selection variable' at the top of screen.
    6 - Click on YELLOW light. This will turn it GREEN. Now you have 1st light as YELLO which was previously yello.
    7 - Click on the down arrow just below the yello light.
    8 - Select the appropriate option and save the varient.
    The day of batch job scheduling depends upon the options you selected in the 8th step.
    I hope it clarifies your dought and will allow you to create the varient as per your requirement.
    Best Regards
    Avinash

Maybe you are looking for

  • Suddenly, TC won't unmount

    Time Machine has been working flawlessly since I got my TC, but now all of a sudden, the drive will not unmount after finishing a backup like it always has. Any reason why?

  • Oracle 8i on Windows XP

    Sorry about the triple posting -- let's hope I got it right this time :) I have been trying to set up Oracle 8i on Windows XP. I bought the CD pack ---- Oracle Database 8i for Windows NT/95/98. However I have not been able to get anything to work. Fo

  • Create Item disable at PageLayout level

    Hi, I am trying to add an image item under pageLayout (/oracle/apps/ap/oie/entry/summary/webui/ConfirmationPG). However, the "Create Item" icon is disabled. I tried to change "Admin Personalization" at all the level, but still its disabled. I had a s

  • I accidentally deleted the toolbar and command bar and everything that is above the tabs. How do I get it back?

    I accidentally deleted everything above the tabs: toolbar, command bar etc. and now I have no idea how to get it back. Can anyone please help me? == User Agent == Mozilla/4.0 (compatible; MSIE 8.0; Windows NT 6.0; Trident/4.0; SLCC1; .NET CLR 2.0.507

  • How to open the phone's hidden files using Nokia P...

    Hello. I am Callista. I like to explore my cellphones using Nokia Phone Browser. Some of the files can be opened while others can't. Graphics menus, which containt clip art ect. are visible. But why gallery menu especially ringtones invisible. Are th