Net value calculation in pricing

Question

Hi Experts,
Net value in SO and customer gross in billing showing incorrect value
Base price inclusive of duty - 100
So excise base value u2013 90.66 statistical condition
ED- 9.07
ECESS- .18
SHECESS- .09
The issue is net value in SO showing 109.34 (1009.07.18.09) instead of Rs.100. The same value is passing in accounting for customer gross also. I need to arrest 9.07.18+.09 to be calculated in net value and customer gross account.
May you pls advise?
Regards,
Deepu Pillai

Answer 1

To achieve this, you have to do backward pricing, means- After entering Total value i.e.100 in your eg. You have to derive the base price.
like Total value ( Incl:Duty) = 100 = Base price + Duty( EdECSSHECess)
Assume Base price = X
100 = X + (10% of X)+(2% on 10% of X) +( 1% on 10% of X)
---   = X + (X/10) + (2X/1000) + (1X/1000)
Then , you will find Base Price i.e. Base price = (Total * 1000)/1103
If your Total = 100, then base price = (100 * 1000) / 1103 = 90.66
           ED = 10% on Base price = 10% on 90.66 = 9.07 ( 2 decimal rounding)
            ECS = 2% on ED = 2% on 9.06 = 0.18
                          SHECess= 1%onED=1% on9.06= 0.09
                                   Total = 100( Price Incl:Duty)
So to achieve this you have to write new calculation routine & assign it in alt cal type.
( Create Statistical cond, type called "Total Price" & assign this cond type above the base price).
Note: Discounts have not been taken into account, if you want discount should be taken into account, then the base price you have to assign this New routine in "Assesble value" condition type)
Hope it helps.
Regards,
Reazuddin MD