Sales tax and VAT

If the sales tax is used by the company, you can calculate an estimate. In the EQM mashup, right-click and select Related > Calculate Sales Tax or press Ctrl+38.

After the sales tax has been calculated, you can display the estimated tax values. In the EQM mashup or the Equipment Quotation Detail window, right-click and select Related > Display Sales Tax or press Ctrl+41.

To calculate a sales tax or VAT estimate automatically when creating a quotation in EQM, select the Calculate VAT parameter in 'Quotation Type. Open' (QUS020).

If you select Calculate VAT, you cannot edit the fields VAT and Sales tax in 'Quotation. Open Lines' (QUS101). These fields are set automatically when the line is created using the same simulation logic that is used to calculate VAT and sales tax on a customer order in 'Customer Order. Simulate Totals' (OIS110). The VAT or sales tax is also updated automatically if quotation prices are adjusted.