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VAT Settlement based on ABC Classification

Hi Team,

We need to run VAT Settlement Process in the system based on ABC classification.

A = Input VAT

B = Sales Made Within State

C = Total Sales

Eligible VAT amount for Settlement = (A *B)/C

e.g.

Purchases                           1,00,000

VAT                                      5%

Input VAT                             5,000      ----   A

   

Total Sales                        5,00,000     ----  C

VAT                                   5%

Within State Sales            1,00,000     ----  B

VAT output                        5,000

   

Output VAT eligible for  Settlement          1,000

Please guide me how we can configure the same in the system.

Regards,

Krishnadas

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