Domestic Mode Calculations

These equations illustrate how the system calculates various amounts in domestic mode:

  • (Domestic Taxable Amount) × (Tax Rate) = (Domestic Tax Amount)

  • (Domestic Taxable Amount) + (Domestic Tax Amount) = (Total Domestic Invoice Amount)

  • (Domestic Taxable Amount) × (Discount Rate) = (Domestic Discount Amount)

  • (Domestic Cost Amount) × (Exchange Rate) = (Foreign Cost Amount)

  • (Domestic Taxable Amount) × (Exchange Rate) = (Foreign Taxable Amount)

  • (Foreign Taxable Amount) × (Tax Rate) = (Foreign Tax Amount)

  • (Foreign Taxable Amount) + (Foreign Tax Amount) = (Total Foreign Invoice Amount)

  • (Foreign Taxable Amount) × (Discount Rate) = (Foreign Discount Amount)