I am facing a problem with one of the changes we are doing here.
I am trying to create a payment term that has discount component, say 5% if paid within 10 days. When I create an invoice whether it is LIV or FI Invoice with input tax, system deducts 5% discount from the invoice amount to calculate tax base and then calculates tax on reduced tax base. E.g.
Invoice Amount - 110 (Expense 100 + Input Tax @10% 10)
If I use normal payment term without discount, system expenses out 100 and calculates tax @10% on 100 = 10
If I use 5% discount payment term in the invoice, system expenses out 100 and canculates tax @ 10% on 95, which 100 - 5% discount.
Here system assumes that we will pay in 10 days and avail the discount, which may or maynot happen.
There are configurations in OB69 and OB70 for gross/net base for discount and tax. In our case both are not selected for this particular company code. I think that is the way it should be for what we want to achieve.
Is there some other configuration that is missing from me in this case? If you experts can guide me, it would be highly appreciated.
in distress
Vini