RPTTax Calculation

This page allows you to carry out a tax calculation for a selected voucher. Tell me more.

Select the “Tax Calculation - Summary” link from the common pages for the tax calculation available. This tax calculation page can be launched from the “Customer Receipts, Customer Payments, Supplier Payments Processing” business component.

The “Tax Calculation – Summary” page appears.

The system displays the following:

Status	The status of the document. It could be in “Draft”, “Fresh” or “Returned”.
Voucher No.	The number identifying the voucher.
Voucher Date	The date on which the voucher was made.
Currency	The currency in which the voucher was made.

Enter the following fields:

Tax Type

Use the drop-down list box to select the tax type for the tax calculation. The Tax types set in the “Company Parameter Setup” component for the company and applicable for the transaction type and sub transaction type will be available for selection. The system displays by default on launch of the page the tax type for which the tax calculation has been done. If the tax calculation has not been done the first value is defaulted on launch of the page.

The system displays the following:

Option

The option selected for tax calculation. It must be “Inclusive”.

Enter the following fields:

Usage ID.	The code identifying the usage ID for tax calculation. (Alphanumeric, 20). The usage ID is not applicable for “Customer Receipts, Customer Payments and Supplier Payments Processing”.
Own Tax Region	Use the drop-down list box to select the own tax region for the tax calculation. The applicable tax regions for the tax type defined in the “TSET” component will be available for selection. If the Tax calculation for the Tax Type is done then the stored value is defaulted on launch of the screen. If calculation has not happened, the Default Tax Region set in OPS component is defaulted.

The system displays the following:

Own Tax Regn. No.

The number identifying the own tax registration ID.

Enter the following fields:

Declaration Tax Region

Use the drop-down list box to select the declaration tax region. The tax region codes that are defined in the “TSET” component for the Tax type will be available for selection. If the value defaulted in "Own Tax Region" is loaded in the Declaration Tax Region, then the system defaults the Declaration tax region with the same value as that of default own tax region.

Party Tax Region

Use the drop-down list box to select the party tax region. The party tax regions set for the customer in the “Party” component will be available for selection. If the Tax Calculation for the tax Type is done, then the system displays the Party Tax Region with the stored value by default on the launch of the page. If the Tax Calculation for the tax Type is not done, then the system displays the default Customer tax region for the tax type by default on the launch of the page.

The system displays the following:

Party Regn. No.

The number identifying the party registration ID.

Enter the following fields:

Tax Register	Use the drop-down list box to select the tax register for the tax calculation. The tax registers for the “Tax Type” in “TCAL” component will be available for selection. If the tax calculation is done for the tax type, the system displays the Tax Register with the stored value by default on the launch of the page. If the tax calculation is not done for the tax type, the system displays the Tax Register with the first value loaded by default on the launch of the page.
Tax Category	Use the drop-down list box to select the tax category for the tax calculation. The applicable tax category for the tax type, tax community and transaction type (Receivables Management or Payables Management) defined in the “TSET” component unit will be available for selection. If the tax calculation is done for the tax type, the system displays the Tax Category with the stored value by default on the launch of the page. If the tax calculation is not done for the tax type, the system displays the Tax Category with the first value loaded by default on the launch of the page.
Tax Class	Use the drop-down list box to select the tax class for the tax calculation. The applicable tax class for the tax type, tax community and select Tax Category defined in the “TSET” component will be available for selection. If the tax calculation is done for the tax type, the system displays the Tax Class with the stored value by default on the launch of the page. If the tax calculation is not done for the tax type, the system displays the Tax Class with the first value loaded by default on the launch of the page.

The system displays the following:

Computed Total Tax	The number identifying the computed total tax.
Corrected Total Tax	The number identifying the corrected total tax amount.
Total Amount (Excl. Tax)	The number identifying the total amount excluding the tax amount.
Total Amount (Incl. Tax)	The number identifying the total amount including the tax amount.

Enter the following fields:

Ref. Doc. Type	Use the drop-down list box to select the reference document type for the tax calculation. The reference document types for the tax type defined in the “TCAL” component will be available for selection. If the tax calculation is done for the tax type, the system displays the reference document type with the stored value by default on the launch of the page. If the tax calculation is not done for the tax type, the system displays the reference document type with the first value loaded by default on the launch of the page.
Reference Document No.	The number identifying the reference document for tax calculation. (Alphanumeric, 18).
Tax Reference	Use the drop-down list box to select the tax reference for the tax calculation. The tax reference for the tax type defined in the “TCAL” component will be available for selection. If the tax calculation is done for the tax type, the system displays the tax reference with the stored value by default on the launch of the page. If the tax calculation is not done for the tax type, the system displays the tax reference with the first value loaded by default on the launch of the page.

Enter the following fields in the “Tax Code Details” multiline:

Tax Code

Use the drop-down list box to select the tax code for the tax calculation. The tax codes defined for the Tax Type and the Tax Region in the “TRD” component will be available for selection.

The system displays the following:

Code Type	The type of tax code for the tax calculation.
Tax Rate	The rate at which the tax is calculated.
Tax Basis	The basis on which tax is calculated.
Taxable Amount	The taxable amount. When the Tax Parameter 'Taxable Value Different from Computed Value' is set to Yes for the Tax Type this field can be modified and will be considered for computations
Tax Amount	The total tax amount.

Enter the following field:

Corrected Tax Amount

The corrected tax amount. (Integer).

Click the “Recompute” pushbutton to recompute the tax calculation.
Click the “Save Details” pushbutton to save the tax calculation details.

The system updates the document information and updates the status.

Click the “Save And Authorize” pushbutton to save and authorize the tax calculation details.

The system checks if the user has the permission to authorize the voucher. Accordingly the status of the voucher is updated to “Authorized”.

To proceed, carry out the following

Select the “Tax Posting” link to enter the tax posting for the tax calculation.

Tax Calculation – An overview

You can view the status of the voucher, voucher number, voucher date and the currency in which the voucher was made. You can select the tax type, own tax region, declaration tax region, party tax region, tax register, tax category and tax class for tax calculation. You can enter the usage ID for tax calculations other than “Customer Receipts, Customer Payments, Supplier Payments Processing” transactions. You can view the option, which would be only “Inclusive” in case of the receipt transaction. The system displays the computed total tax of the items, corrected total tax of the items and the total amount excluding and including tax. You can select the reference document type and the tax reference of the line number for tax calculation. In the tax code details multiline, you can enter the tax code and the corrected tax amount for which tax calculation is done. You can recompute the tax details and save and authorize the tax calculation.