1. Sales Order Management Implementation Guide
  2. Example 1: Sales Order with a Unit Price

Example 1: Sales Order with a Unit Price

In this example, the tax rate is 7.3% and the transaction quantity is 7.

If you enter a sales order in which the item has a unit price of 14.2595, the system completes the following steps:

  1. Uses the existing tax calculation logic to calculate the taxed unit price and unit tax amount:

    • Taxed Unit Price = 15.3004

    • Unit Tax Amount = 1.0409

  2. Calculates the taxed extended price by multiplying the taxed unit price by the quantity: Taxed Extended Price = 107.10

  3. Uses the existing tax calculation logic to calculate the extended price and extended tax amount:

    • Extended Price = 99.81

    • Extended Tax Amount = 7.29