Bolivia Tax Code

[former_member597644]

Hello team,

In Both below cases , tax is being calculated on amounts of Expense account (i.e. Airline Tickets).In option 1 , because tax setting is on Net basis so it is being calculated on Net amount 100 updated in line item and we have to put aggregate amount 113 in Header.

In option 2, tax setting is not on Net amount so system automatically derives net amount (88.49) based on header amount 100.But similarity in both cases is , tax is always calculated on line item of expenditure (Airline tickets).

As per Bolivia requirement, they want that tax (required rate 13%) should be calculated based on header amount so in this example it should look like as below

Vendor  100 –

Expenses 87

Tax          13

Please find attached the document for detailed explanation and screenshots.

Also, pls note that we have already tried the option of 'Net amount' in FB00.

Pls let me know urgently on this.

This has been already escalated.

Thanks and Regards,

Priti

[Former Member]

Well,

The tax in Bolivia is 13% or 0%.

In my case, i create:

X0 - Without Taxes

X1 - 13%

For X1, i create one formula to calculate the correct tax, and put in MM Conditions.

For service, the bolivia use another Tax System. If you need more information, tell me.

Tks

Filipe