Financial - JDE1 (MOSC)

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Tax variance amount R0018P1

edited Mar 28, 2017 5:01AM in Financial - JDE1 (MOSC) 7 commentsAnswered

Hello,

How is the tax variance amount in F0018 calculated please?

What I've read from other replies -

"The "Tax Variance Amount" column is printed from the TXVA Tax Variance field in the F0018 Tax Table. This figure is the difference between calculated VAT Amount and the keyed Tax Amount."

In the example above I have 0.01 cent tax variance.  What I understood is that the user keyed in 62,46 by himself but JDE calculated the tax at a rate of 21% 62,45.

Is my understanding correct please?

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