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Divide Taxable amount within Tax rate and taxable Group

  1. #1
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    Post Divide Taxable amount within Tax rate and taxable Group

    Hallo Every One,

    I Have a Calculation Problem . Please help me to resolve the same .

    My sales men sent me His Sales Figure in Two Columns 1) Total Taxable amount 2 ) Total Vat Amount

    Every time on receipts of This Figure I have to calculate again and again to bifurcate the

    I Have 4 categories of tax Break 1 ) 14% 2) 9% 3) 6% 4) 2.5%

    For Example if My Sales Men sends Me 1) Total Taxable Amount = 20000 and Total Vat Amount = 2300

    I have to come up with any combination of VAT rate calculations that would sum up to 1) Total taxable amount and Total VAT Amount simultenously

    My Ans : Will be 10000 * 14% = 1400 + 10000 * 9% =900 Total Amount = 20000 and Total Vat Amount = 2300
    Please Provide formula to achieve the Given target
    Thanks in Advance
    Attached Files Attached Files
    Last edited by hanif55; 06-01-2020 at 01:28 PM.

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    Re: Divide Taxable amount within Tax rate and taxable Group

    Please read the yellow banner at the top of this page on how to attach a file.
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  3. #3
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    Re: Divide Taxable amount within Tax rate and taxable Group

    I have uploaded the attachment correctly this time.

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    Re: Divide Taxable amount within Tax rate and taxable Group

    Any Luck.....?

  5. #5
    Forum Moderator alansidman's Avatar
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    Re: Divide Taxable amount within Tax rate and taxable Group

    What is the criteria for applying VAT rates. This is needed to apply Excel logic. Since I don't live in your country, I am unfamiliar with your taxing authority and its regulations.

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