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E1: 76C: Understanding Colombia Tax Calculation for Sales Orders (P4210/P42101) in Revision Mode (Doc ID 2584886.1)

Last updated on JANUARY 07, 2021

Applies to:

JD Edwards EnterpriseOne Sales Order Entry - Version 9.1 to 9.2 [Release 9.1 to 9.2]
Information in this document applies to any platform.

Purpose

Colombia has its own unique way of calculating taxes based on minimum amount concept unlike base functionality.

For Colombia Localization, when a sales order is created or revised,  the system needs to compare the total sales order taxable amount with the minimum amount setup for each tax parameter. Based on this comparison, the system will apply or discount the tax rate of each tax parameter respectively for the tax calculation.

For Colombia localization, in Revision mode, re-calculation for all lines of the sales order is required regardless of number of lines being revised on the sales order.

This document outlines the functionality for creation and revision mode.

Scope

 

Details

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In this Document
Purpose
Scope
Details
 Overview of Colombia Tax In Revision Mode Of Sales Order Entry (P4210/P42101)
 ESUs Available
 Setup of Colombia Tax Calculation For Sales Orders
 Tax Rate Area (P4008)
 Tax Parameters (P76CI00)
 Minimum Amount Tax Calculation Examples
 Add Mode - Create Five (5) Line Sales Order
 Edit Mode - Cancel One Line, Change Unit Price for Another Line
 Revision/Edit Mode - Cancel One Line, Change Unit Price for Another Line, Add Two Lines
 Revision/Edit Mode - Cancel One Line
 What You Should Know
References

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