Dear All,
I have requirement from my client for configuring pricing procedure for calculating amortization costs for the tools.
Below is the condition in which they need.
Material (XXX) Rate (A) Qty (B) ; Amount (A*B)
Amortization cost for pattern Rate (A) Qty (B); Amount (A*B)
Total (C) (Mtl + Amortization)
Excise Duty (on C) 12%
Edu Cess 2%
SHEC 1%
Total (D)
Subtract Amortization cost from D (E)
VAT@12.5% on (D-E) 12.5%
GRAND TOTAL
This is the first time I'm working on this, could you please help me with your valuable suggestions?
Thanks,
Balaji. R.