RM Tax Calculation

This page allows you to carry out a summary wise tax calculation for a particular transaction. 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 Direct Invoice” business component.

The “Tax Calculation – Summary” page appears.

The system displays the following:

Status	The status of the document. It could be in “Fresh”, “Draft”, Authorized, Reversed or “Returned”.
Transaction No.	The transaction number of the document.
Amendment Number	Amendment Number selected of the PO selected will be displayed
Transaction Date	The transaction date of the document.
Currency	The currency in which the transaction was made.

Enter the following fields:

Tax Type

Use the drop-down list box to select the tax type for the tax calculation. The applicable tax types for the transaction type defined in the “Company Parameter Setup” component and mapped to the login organization unit of the company 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 for any of the tax types, then the first value is defaulted.

Own Tax Region

Use the drop-down list box to select the own tax region for the tax calculation. The applicable own tax regions for the tax type and tax community defined in the “TSET” component will be available for selection. If the Tax calculation for the Tax Type is done and the Own Tax Region is the same for all the line items in the document, then the system displays “Own Tax Region” by default on the launch of the page. If the Own Tax Regions is not the same for all the line items, then the system will display “Blank” by default on the launch of the page. If Tax Calculation for the Tax Type has not been done, then the tax region set as default for the tax type in the “OU Parameter Setup” component will be displayed by default on launch of page.

The system displays the following:

Own Tax Regn. No.

The number identifying the own tax registration ID.

Enter the following fields:

Customer Tax Region

Use the drop-down list box to select the customer tax region for tax calculation. The applicable customer tax regions for the tax type and tax community defined in the “Customer” component will be available for selection. If the Tax calculation for the Tax type is done and Customer Tax Region is the same for all the line items in the document, then the system displays “Customer Tax Region” by default on the launch of the page. If the Customer Tax Region is not the same for all the line items in the document, then the system displays “Blank” by default on the launch of the page. If Tax Calculation for the Tax Type has not been done, then the tax region set as default for the tax type-tax community in the “Customer” component will be displayed by default on launch of page.

The system displays the following:

Customer Tax Regn. No.

The number identifying the customer tax registration ID for the tax region defaulted in the Customer Tax Region..

Enter the following fields:

Declaration Tax Region	Use the drop-down list box to select the declaration tax region for tax calculation. The applicable own tax regions for the tax type and tax community defined in the “TSET” component will be available for selection. The declaration tax region will be determined using the Rule For ‘Derive Declaration Tax Region. If the Tax calculation for the tax type is done and Declaration Tax Region is the same for all the line items in the document, then the system displays “Declaration Tax Region” by default on the launch of the page. If the Declaration Tax Region is not the same for all the line items in the document, then the system displays “Blank” by default on the launch of the page. If Tax Calculation for the Tax Type has not been done, then the tax region defaulted as Own Tax Region will be displayed by default on launch of 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 trade type defined in the “TSET” component and mapped to the login organization unit will be available for selection. If the Tax calculation for the tax type is done and Tax category is the same for all the line items in the document, then the system displays “Tax Category” by default on the launch of the page. If the Tax Category is not the same for all the line items in the document, then the system displays “Blank” by default on the launch of the page. If Tax Calculation for the Tax Type has not been done, then the default tax category is derived by invoking the Rule For "Derive Tax Category" from TCAL Component
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 trade type defined in the “TSET” component and mapped to the login organization unit will be available for selection. If the Tax calculation for the tax type is done and Tax class is the same for all the line items in the document, then the system displays “Tax Class” by default on the launch of the page. If the Tax Class is not the same for all the line items in the document, then the system displays “Blank” by default on the launch of the page. If Tax Calculation for the Tax Type has not been done, then the default tax Class is derived by invoking the Rule For "Derive Tax Class" from TCAL Component
Option	Use the drop-down list box to select the option for tax calculation. The values set for the tax type in the “Tax Calculation” component will be available for selection. The system displays the value stored for the transaction number by default on the launch of the page, if tax calculation for the tax type is done. If Tax calculation for the tax type has not been done, the default option set in “Customer Component” is displayed on launch of the page. If no defaults are set in the “Customer” Component, then the value set in “Default Option for Purchase Cycle” parameter in TCAL function defaults will be displayed on launch of the page.
Tax Register	Use the drop-down list box to select the tax register for the tax calculation. The system displays null by default on launch of the page if the tax calculation is done and if the default tax register is not the same for all the line items in the document. If the tax register is the same for all the line items in the document, the system displays the default tax register on launch of page. If tax calculation has not been done for the tax type, the first loaded value is displayed on launch of the page.
Computed Total Tax	The number identifying the computed total tax. (Integer).
Tax Reference	Use the drop-down list box to select the tax reference for tax calculation. The system displays “Blank” by default on the launch of the page if the tax calculation is done and the tax reference is not the same for all the line items in the document. If the tax reference is the same for all the line items in the document, the system displays the default Ref Doc Type on launch of page. If tax calculation has not been done for the tax type, the first loaded value is displayed on launch of the page.
Total Amount (Excl. Tax)	The number identifying the total amount excluding the tax amount. (Integer).
Corrected Total Tax	The number identifying the corrected total tax amount. (Integer).
Total Amount (Incl. Tax)	The number identifying the total amount including the tax amount. (Integer).
Ref. Doc. Type	Use the drop-down list box to select the reference document type for the tax calculation. The system displays “Blank” by default on the launch of the page if the reference document type is not the same for all line items in the document. If the Ref Doc type is the same for all the line items in the document, the system displays the default Ref Doc Type on launch of page. If tax calculation has not been done for the tax type, the first loaded value is displayed on launch of the page.
Reference Document No.	The number identifying the reference document for tax calculation. (Alphanumeric, 18).

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. If the tax calculation is done for the Tax Type and the Tax Code is the same for all the line items in the document, then the system displays “Tax Code” by default on the launch of the page or the system displays Blank. If the tax calculation has not been done for the tax type, the tax code is derived by invoking the rule for “'Determination Of Tax Code” from TCAL component.

The system displays the following:

Code Type	The type of tax code for the tax calculation.
Tax Rate	The rate on which the tax is calculated.
Tax Basis	The basis on which tax is calculated.
Qty	The quantity of the item used.
Basic Value	The number identifying the basic value of the item used.
Statutory Taxes	The statutory taxes that should be considered for tax calculation.
Tax / Charge Amount	The tax / charge amount applicable for tax calculation.
Discount Amount	The discount amount applicable for tax calculation.
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.

To proceed, carry out the following

Select the “Tax Calculation – Detail” link to carry out a detailed tax calculation on the voucher.
Select the “Tax Posting” link to check the tax posting for the tax calculation.

Tax Calculation – Summary – An overview

The Summary page allows you to carry out a tax calculation for the entire document. This page serves 2 specific purposes, firstly in case of Taxes which are Document Level example WithHolding Tax (or otherwise called as TDS), this is the only interface where the Tax can be specified and Calculated. Secondly in case of Taxes which are item driven example Vat or GST, this interface is used to specify Tax Values which are same across all items in the Document, For example incase of a Line Level Tax, if the entire document is Tax Free, then the same can be specified in this page than to specify it Item-wise in the Tax Detail Page

Transaction Details like the status of the transaction, transaction number, transaction date and the currency in which the transaction was made can be viewed in this page. You can select the tax type, own tax region, customer tax region, and declaration tax region, tax category, tax class and the option for tax calculation. You can select whether to capitalize the non-deductible charges of the line items or not. The system displays the computed total tax for the transaction, corrected total tax for the transaction 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.

If the document has more than one Tax applicable for it for example if both TDS and Service Tax is applicable, then the same page can be used once for TDS and again for Service Tax by selecting the Tax Type and giving the Tax Details for every Tax Type