# E9.2Tax & Taxable Field - Standard Voucher Entry

#### jbden85

##### Member
1. I have a doubt regarding Taxable amount & Tax amount when you create a standard PV with Tax
2. What i don't understand is how JDE is calculating those field because of the following
1. Gross Amount = \$ 2000
2. Taxable amount = \$1652.89
3. Tax Amount = \$347.11
3. I know Taxable amount +Tax amount = Gross amount , however my Tax rate = Gral 21% & Tax Ex=V
4. My tax rules are : % Warning=2 & Error=10
5. If i try to get the % is not the same, it looks like Tax amount is calculated like 17.36%
6. Hope someone can help me on this doubt.

#### Kim Schmidt

##### Active Member
The tax amount of \$347.11 is 21% of the taxable amount \$1652.89, so the invoice amount of \$2000 is inclusive of the Value Added Tax. Or looking at it a different way, \$2000 is 121% of the taxable amount.

#### jbden85

##### Member
The tax amount of \$347.11 is 21% of the taxable amount \$1652.89, so the invoice amount of \$2000 is inclusive of the Value Added Tax. Or looking at it a different way, \$2000 is 121% of the taxable amount.
Thank you kim i saw what i was doing now it's clear!!!