ROUNDING TAX AMOUNT

Hi
We are using SAP 8.81 PL5 South African Localization. Currently we have set currencies to round to Ten. On the marketing documents, AR Invoice, rounding to Ten on invoice value is working fine but unfortunately the rounding is not affecting the tax amount computed. As such, the effective tax rate is wrong, lower or higher depending on whether rounding is + or _ respectively. Please help me on how i can have both tax and invoice value rounded simultaneously.
Regards

Hey George ,
If your decimal setting is not allowing to get the desired result then only one way out is there to meet your needs.
Edit your Formula and set the output Value in Rounding with .00
try query like this :
VAT_BaseAmt=Total
VAT_TaxAmt=Round (VAT_BaseAmt*VAT_Rate, 0)
Hope it helps
Thanks
Ashish

Similar Messages

Rounding Tax amount in row

Hi Experts,
One of our customer wants to round the tax amount in each row of marketing documents.
When searched the help of 'Document Settings:General Tab", we found a setting field for this called 'Round tax amount in rows'.
But the same is missing from the Document Settings window, General Tab.
We are using SAP Business One 2007B, PL13
Please Help.
Thanks and Regards
Ajith G

Hi Ajith,
Tax Definition Functions.
Choose ->> Administration.
-> Setup.
-> Financials.
-> Tax.
-> Tax engine config.
Tax Code Determination.
->> Tax Formula.
Select your Formula which you want to ROUND OFF
then pull down from Operation Round and kip your variable.
Simple example,
Service_BaseAmt=Total
Service_TaxAmt=Round(Service_BaseAmt*Service_Rate,0)
It will round off 0.5 to 1.0 and less than 0.5 to 0.0.............
IF you want to Round off final Tax amount(ex. VAT_TaxAmt).
see the example Tax Creation,
Service_BaseAmt=Total
Service_TaxAmt=Service_BaseAmt*Service_Rate
HigheCess_ST_BaseAmt=Service_TaxAmt
HigheCess_ST_TaxAmt=HigheCess_ST_BaseAmt*HigheCess_ST_Rate
VAT_BaseAmt=Total(Total*Service_Rate)((TotalService_Rate))Cess_ST_Rate+((TotalService_Rate)HigheCess_ST_Rate)
[VAT_TaxAmt= Round(VAT_BaseAmt*VAT_Rate,0)]
Regards,
Madhan.

Net Tax amount round off

Hi all,
I have a small problem,
In sales Invoice I am having 10 items with different price and quantities,
In PLD i have used formula concept to show tax wise break up,
as our invoice tax amount is cumulative of its sub taxes,
i need to round off the total of sub taxes in the document
For Example:
In Invoice;
Assessable Value: 3697.20 (qty X Price)
Total of BED 8%: 295.77
Total of Cess 2% of BED : 5.91
Total of HE Cess 1% of BED: 2.95
Total of VAT/CST 4% of (BEDCessHECess): 160.08
So I want to round off these amounts:
BED: 296
Cess:6
HECess:3
VAT: 160
1. I tried using rounding option in tax formula;
but it doesnt give correct result as it works on row level
2. I also tried making decimal places zero in general settings
But it round off my assessable value also
also round to one is also active in currency settings
can anybody please help me to get the desired results
Regards,
Atul Joshi
Edited by: Atul Joshi on Dec 9, 2008 1:38 PM

Hi,
If you use round off in tax formula it will bring you considerable differrence.
You use the document level rounding in Administrattion->Setupup-Financials->Currency.
I think this would be helpful for you.
Rgds,
Sundar

Wrong Calculation of Tax Amount

Hi to All,
While making Down Payment Request (F-47) with reference capital PO, system is showing a warning message as below:
Tax entered incorrect (code FU, amount 45,766.25), correct 36,882.24 INR
Message no. FF707
Diagnosis
The system checks the tax amounts for each code on document level. However, the amounts entered deviate more from the amount calculated (using the percentage rates defined in the tax code) than is allowed considering rounding errors.
Procedure
If this message is a warning message, you can confirm that your entry is correct by pressing "Continue".
If this message is an error message, you should correct the tax amounts or the base amounts, depending on how your tax code is defined.
For more clarity: whatever the tax code is in PO same tax code giving in F-47. But in both scenarios system calculating differently.
what could be the reason? Please guide me?
Regards,
Schilukuri

Hi SDNer,
Thanks for your reply.
As you said, In PO system does not calculate tax based on the tax code,it will calculate based on the pricing procedure.
Now my doubt is whatever the tax amount is showing in PO that we need to enter in to F-47,But here system is showing
(Tax entered incorrect (code FU, amount 45,766.25), correct 36,882.24 INR).
Now what should I do? Please help me on this..
Regards,
Schilukuri

Sub: Tax Combinatiom. Tax rate, tax Amount in the print lay out design of t

Dear all,
Sub: Tax Combinatiom. Tax rate, tax Amount in the print lay out design of the A/R Invoice
I have to Create a Print Lay out design of the A/R invoice for the Indain standrad please provide me some solutions for the following problems to locate the Tax combinations,Tax rate and the Tax amount in the PLD A/R Invoice ,
PACAKGE SAP B1 2005B
Need a standrad solution as per the requriment
Eg: Row Level
Tax Code created is BED+VAT
Tax combination details is
Name of Tax type   Rate
Excise                     16%
Ecess                    2%
Hcess                    1%
VAT                       4%
Row No     Item Qty   UnitPrice Tax code Total(LC)    Tax Amount
1             X      10     10000      BED+VAT   100000      21139
                                         (Excise =16000,Ecess=320, Hcess=160, VAT=4659)
2              Y      5      20000      BED+VAT    200000       42278
                                        (Excise =32000,Ecess=640, Hcess=320, VAT=9318)
In Print Lay out Design Requried is the deatils of Tax code combination , Rate and the Tax Amount in the followig way
Excise    16%   =48000
Ecess     2%    =960
Hcess     1%    =480
VAT       4%    =13977
Please send the feedback as early as possible urgently requried
for the further details send the feedback
Reagrds
Mr.Chitrasen

Hi experts,
       Pls anybody have an answer to my question, i'll be very thankfull to u,
                 I wanted to display the Tax Break ups in Invoice say,
ECess            25
Vat                 56
Excise duty    32
I've tried a lot with many of the SAP Forum thread but the results is not satisfactory..am using SAP Business One 2007 b
pls anybody who can guide me with step by step PLD creation for this problem.
I done the below steps in PLD
In Repetitive area 1
Field_1: Table-> OSTA
              Column-> Type
Field_2 : Table-> OSTA
              Column -> Code
Field_3: Table-> OSTA
              Column-> Rate
Field_4: Table-> OSTA
              Column-> Name
Field_5: Table-> A/R Invoice Tax amount per document
                Column-> Tax amount
Field_6 : Table-> A/R Invoice Tax amount per document
                Column-> Base amount
Field_7 : Formula -> Field_6 * Field_8
Field_8 :   Formula-> Field_1==1
      NOW I SORTED REPETITVE AREA 1 WITH 'SALES TAX AUTHORITIES;cODE' AND TICKED THE CHECK BOX 'SUMMARY'
    AND MADE THIS REPETITIVE AREA INVISIBLE.
IN Repetive area footer
F_01 :    Formula->   Field_4
F_02 :    Formula->   Concat(Round(F_rate,0), '%')
F_03 :    Formula->   Round(ColSum("F_tax_amount"),2)
I grouped the Repetitive area footer as Group 1
                            here i get the result but the Tax Rows are repeating and Tax amount varies for VAT for each rows
pls help me guys...
               Thanks in advance,
               Dinesh
Edited by: Dinesh S on Dec 23, 2011 1:28 PM

Manual Input of TAx Amount in Sales AR Invoice

Hi Experts!
Is there a way where we can do a manual recording of tax amount in Sales AR Invoice (just like in AP Invoice, we can manually input tax amount)?
Hope to hear from you soon,
Thanks

Hi Sandra,
You can't override the AR tax calculation amount. You can control how much tax is calculated for each row (i.e. some may be non-taxable).
Otherwise, there may be an adjustment that falls under the rounding field. Check the Help file for more info on this field to determine which option in Document Settings you want to select.
Heather

Tolerance for Tax Amount difference

Dear All,
In certain cases the tax amount given in the invoice is different from the tax calculated by the system.
Please help me, where to make the configuration so as to accept a difference of 0.05 INR between the calculated tax amount and the tax amount in the invoice. (It will be of immense help if given with the IMG path too).
As an example:
Base Amount: 100, Tax Rate: 5%
Now calculated tax amount is 5
But tax amount in the invoice has come as 5.04.
Please advise.
Regards
B.Mohanty

Hi Umesh,
Thank you very much for your kind and quick response.
Yes, I have tried that option of correcting the tax amount. But am getting an message
"The system checks the tax amounts for each code on document level. However, the amounts entered deviate more from the amounts calculated (using the percentage rates defined in tax code) than is allowed considering rounding errors".
Can you please advise what does this rounding errors mean.
Regards
B.Mohanty

Allow to change Tax Amounts in A/R Invoice

Hi Experts
I am using Sap B1 2007 . It allows me to change Tax Amount (Tax Amount Distribution Screens) in case of Excise Invoices in A/R Invoice but not in Service Tax Invoices . Why is it so.
Thanx

Hello,
In the Sales A/R module we can not change any tax amount.
But you can change in Purchase A/P module in any tax amount.
This is best business practices according to SAP.
because when we received the materials then need to round the tax amount and it is totally depend on vendor invoice so it will never fixed for same.
I also need some time adjustment we client make GRPO .
But when we make Sales document then we can fixed rounding for all tax code.
Thanks
Manvendra Singh Niranjan

Difference between tax amount shown on VAT report and the invoice

Dear Friends,
We observe that there is a difference of rounding off between the tax amount shown in the invoice and the one shown in the VAT report.
We have to manually adjust this tax amount since the Tax authorities do not accept any difference in the VAT report and the Invoice.
Please advise as what could be done to solve this issue.
Rgds,
Kunal Vichare.

Hi Satya,
There are 2 things: Pricing Procedure and Tax Procedure.
Pricing Procedure tell system about the what and how the price to calculated for material in PO. In this pricing procedure the conditions NAVS / NAVM as pertainin to tax applicable on the PO price. These conditon display the tax. The tax is calculated based on tax procedure. Tax procedure acts as a master and there is one tax procedure for one country. For this tax procedure there are tax codes defined. Tax codes means using the same tax procedure but changing value of various conditions and omiting some if required.
Eg. TAXINN is tax procedure for India. Based in this procedure many tax codes are defined for 12% vat, 6% vat , no vat etc.
So what kind of tax will be applicable on the PO is governed by tax code which is mentioned in Invoice tab (tax code) its a 2 character code.
Based on this tax code taxes are calculated on PO net value and then the tax amount is displayed in pricing procedure by conditions NAVS / NAVM.
MWST is condition for Input tax. If you are using tax code then MWST is not to be used.
Tax code becomes useful while doing MIRO as there is an option of inserting tax code. So the tax on PO net value will be calculated automatically.
Regards,
Vishal

Freight Tax amount

Dear Sir,
While executing Freight and its Tax amount in A/P Invoice the JE shows the Tax amount in Round off account .I am using SAPb1 2007 B Patch level 18.
Regards
Niladri Bhusan Harichandan

Please check Tax Code screen and see the account determination
Sandeep

Calculation of Tax Amount in FB60

Hi Guru's,
Here Tax Procedure is TAXINN in which I have maintain Tax Code V9 as 14.42% (EXCISE+CESS) + 12.5% (VAT) in FV11. So while doing MIRO I select V9 Tax code then automatically Tax amount is calculated.
My question is can same can done in FB60. Means can Tax amount can automatically calculated in FB60 when I selecting V9 as Tax Code which was calculated in MIRO.
I needed for transaction without Purchase Order.
Right answer will be rewarded.
Regards
Amit

Thnks for reply.
I have already done the customization in OB40 but when i do invoice posting in FB60 then error shows "Tax Code V9 does not exist in TAXINN".
But since in MIRO same Tax code get posted with same vendor.
Pls help me.
Regards

Withholding tax Amount not being displayed in the Invoice while posting a Parked Document

Hi,
I have created a parked document for the Vendor who has the Witholding tax code w9 - 15% . I created Parked Document using FBV1 and then tried posting the same using FBV0.Somehow I am not getting the Withholding tax Amount in the FI Document created. However the W/Tax Base Amount and the W/ Base LC are being displayed correctly.
Say if the Line item Amount is 1,000$ then both the amounts mentioned above in the Additional tab "Withholding tax Data" are being displayed as 1,000 usd but the W/Tax Amount is 0,00 USD.
2. Also We have the PI and the Interface is written to post the Parked document while the xml file. There is a Method Execute_Asynchronous which has two BDCs one for FBV2 ( Change Parked Document ) followed by the Post Parked Document FBV0. Hence When I try to post the Parked Document using the SPROXY Interface which has two BDCs Viz FBV2 & FBV0 I still get the Invoice with the Same Amounts and at times with additional 2 zeros added to it in the Additionsal Tax Data Screen.
I am not sure what is the reason for this. Can anybody help me sort out this Issue.
Can there be any Config issues. Please let me know what all config Settings we need to do to sort out this Issue.
Also let me know why the 2 Zeros are getting added to the Base Amount e.g if the Vendor Line item is 12,000 USD it shows as 12,00000.00 in the Withholding tax Data Tab in the Invoice.
Regards,
Deepak.

Dear Praveen,
please check into IMG if You defined the WT type You are using for Your Comapny code:
IMG --> Assign Withholding Tax Types to Company Codes
I hope this helps.
Mauri

How to extract tax amount in item level from a Purchase order

Hi experts,
How to extract the tax amount data for each item in a Purchase order.
I am using the data sources 2lis_02_itm, 2lis_02_scl, 2lis_02_S012.
Please provide me which data source brings this tax amount data in item level and also the technical
field name of tax amount.
<Removed by moderator - soliciting points for answers is frowned upon>
Regards,
Bhadri M.
Edited by: Arun Varadarajan on Nov 14, 2008 3:55 PM

Dear Bhadri
Did you look 2LIS_13_VDKON data source whther it can throw or not for billing related. Here you should look some billing conditions relates to particular document like taxable or not.
(KAWRT, KAWRT_K, BIWGEO)
Those informations will be maintained each with billing conditions.
May not sure. Please look.
Raju Saravanan

Income tax amount not coming is payslip

Dear Experts,
In remuneration statement the income tax amount is not appearing in deduction window, but where amount is getting deducted from earning.
As a result the earning minus deduction is mismatch, i.e. net salary is not correct.
Ex:
i.e. Earning 30000
Deduction 2000
Net is appearing as 26500. Which is wrong
the wage type /460 is been maintained in pay slip,
Value for /460 and /470 is not getting updated in RT table.
Where as value for /458 and /401 is appearing in RT table.
can any one share me your ideas where exactly the error might be or what changes to be done.
Since it is month its an important one.
Thanks and Regards

there must be some other salay component which is getting added up in the gross.
also, check the processing in RT for the cumulative wage types.
Regards,
Shruti

Service Contracts Line and Header Tax amounts are not matching

Hi,
I am creating service contracts using API. Using below code i am applying price adjustments on the line. while using the below API Tax is calculated at line level and added for each line But the Tax filed on the header is not getting updated. I fwe go to front end and click on reprice then the Tax amount is added to the header(If the contract created with status 'Entered').
Please help me to fix this.
l_multi_line_tbl (0).ID := l_x_clev_rec.ID;
l_multi_line_tbl (0).price_list_id :=l_curr_price_list_id;
l_multi_line_tbl (0).lse_id := 46;
l_multi_line_tbl (0).line_pl_flag := 'Y';
l_x_return_status := NULL;
apps.oks_auth_util_pub.compute_price_multiple_line (
p_api_version
=> 1.0,
p_detail_tbl
=> l_multi_line_tbl,
x_return_status => l_x_return_status,
x_status_tbl
=> l_status_tbl);
Thanks,
Hari

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ROUNDING TAX AMOUNT

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