E-Business Tax (MOSC)

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Taxable basis is not display Separate tax account lines when compounding tax using Tax formulas

edited Jul 30, 2018 5:00AM in E-Business Tax (MOSC) 1 commentAnswered

Hi Gurus,

We have requirement from one our clients, with below scenarios. Any one help us to configure in Eb tax.

Excise Tax Applicable for particular tax category only, rest of other category VAT % only calculated.

One Regime

two taxes (Vat + Excise)

Calculation:

Line Amount: 100

Excise Amount : 5 (Separate Account)

VAT Amount : 10 (Separate Account)

Total = 100+5 = 105 (Line Amount + Excise Amount)

Final Total : 105 + 10.5 = 115.50 ( Total + Vat Amount)

Above scenarios both tax lines update in different account it should be display in separate lines in Invoice distribution.

Thnx & Regards,

Udhayan N

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