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VAT tax value should commit the budget with Po value in Fund management

noufalcheruvott
Explorer
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Currently system VAT tax amount is not considering for busget only Po value is committed fro budget. Exp If my Po value is $100 and VAT is 10% then system should commit budget for 110 but currently it is consuming only 100.

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Answers (1)

Answers (1)

iklovski
Active Contributor
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Hi,

Check your OFUP settings. You should use gross or separate tax flag, and in the second case, ensure correct derivation of the budgetary line.

Regards,

Eli

noufalcheruvott
Explorer
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Thanks for reply Eli, Currently Budget is committed at PR level in the system.But business want separate line for VAT in Po. Big question Budget is committed at PR level how we can segregate in PO. Plz find the attachment also.

iklovski
Active Contributor
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Does PO (with VAT) exceed the amount of PR?

noufalcheruvott
Explorer
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Dear Eli,

Yes PO value we can be exceed even double also.

iklovski
Active Contributor
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When PO exceeds PR, budget will be consumed on top of PR consumption