Dear Members,
I believe at-least few of our forum members here, might have using SAP as an ERP in your organization. We are implementing SAP for our business in Sri Lanka, unfortunately we dont see any standard solution/template delivered by SAP for Sri Lanka tax calculation
Could you please share your comments how did you configure/setup a tax calculation procedure in SAP for Sri Lanka, considering the NBT, VAT &/ESC
Calculation Example Particulars Cr Dr
A Vendor Cr 5890,5
B Expenses 5000
C = B*2% NBT @ 2% 100
D = [B+C]*15% VAT @ 15% 765
E = [B+C]*0.5% ESC @ 0.5% 25.5