Invoice Amount Calculations (Domestic Mode)

These equations illustrate how the system calculates invoice amounts in domestic mode. All fields are from the F4812 table:

  • (Cost [AA]) + (Markup Amount [ADCI]) = (Taxable Amount [ITXA])

  • (Taxable Amount [ITXA]) × (Tax Rate) = (Tax Amount [ITAM])

  • (Taxable Amount [ITXA]) + (Tax Amount [ITAM]) = (Total Amount [ITOL])

  • (Cost [AA]) x (Exchange Rate) = (Foreign Amount [AA2])

  • (Taxable Amount [ITXA]) × (Exchange Rate) = (Foreign Taxable Amount [CITA])

  • (Foreign Taxable Amount [CITA]) × (Tax Rate) = (Foreign Tax Amount [CITX])

  • (Foreign Taxable Amount [CITA]) + (Foreign Tax Amount [CITX]) = (Foreign Total Amount [CITL])

  • (Taxable Amount [ITXA]) × (Discount Rate) = (Discount Amount [IDSC])

  • (Foreign Taxable Amount [CITA]) × (Discount Rate) = (Foreign Discount Amount [CIDS])

  • (Cost [AA]) / (Units) = (Unit Price [PRIC])

  • (Foreign Amount [AA2]) ÷ (Units) = (Foreign Unit Price [PRIF])

Note: These equations are based on the assumption that the home business unit of the payroll transaction has the same currency as the job.