# 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 ##### Well Known 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!!! #### visiguru ##### Member Taxable Amount=$2000
Tax Amount = \$1652.89
Total Monename N = \frac escape (\Delta _ \leqslant 1 \end \rightarrow \Delta n)

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