Tax Compounding
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Hi,
I have created 2 taxes. Tax 1 (10%) and 2 (4%). Both taxes are applicable by default. My requirement is to compound the Tax 1 to line amount when calculating tax 2.
Ex - Line amount 1000
Tax 1 = 1000*10% = 100
Tax 2 = (1000+100)*4% = 44
How can I achieve this? I have given a compounding precedence at tax level.
Appreciate a prompt response on this matter.
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