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GL BRANCH - PHP Online

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Full code of GL BRANCH.php

<?php
$service_charge = '10.00';
$product_amount = '150.00';
$total_amount = '165.00';
$printing_cost = '1.30';
$additional_charge = '5.00';
$coverage_amt = '75000.00';
$cbo_unit = '3';
$service_charge = number_format(round($service_charge,2), 2);
$product_amount = number_format(round($product_amount,2), 2);
$total_amount = number_format(round($total_amount,2), 2);
$commission = number_format(round($service_charge * $cbo_unit,2), 2);
$net_of_vat_admin_fee = number_format(round($commission / 1.12,2), 2);
$wh_tax = number_format(round($net_of_vat_admin_fee * 0.02,2), 2);
$tax_admin_fee = number_format(round($commission - $wh_tax,2), 2);
$printing_cost = number_format(round($printing_cost,2), 2);
$printing_cost_net_vat = number_format(round($printing_cost / 1.12,2), 2);
$wh_tax_oe = number_format(round($printing_cost_net_vat * 0.02,2), 2);
$net_premium = number_format(round(($product_amount - ($commission - $wh_tax) - ($printing_cost - $wh_tax_oe)),2),2);
$coverage_amt = number_format(round($coverage_amt * $cbo_unit,2), 2);
$insurance_commission = number_format(round(($service_charge + $commission + $additional_charge) / 1.12,2), 2);
$vat = number_format(round($insurance_commission * 0.12,2), 2);
$misc = number_format(round($printing_cost-$printing_cost_net_vat,2), 2);
$wt_tax_computed = number_format(round($wh_tax+$wh_tax_oe,2), 2);
//Printing Cost Net Vat = 1.1607 (Printing Cost / 1.12)
//Miscellaneous = 0.1393 (Printing Cost - Printing Cost Net Vat)
//Insurance Commission = 40.1785 (Service Charge + Commission + Additional) / 1.12
//Vat = 4.8214 (Insurance Commission x 0.12)
echo 'COH: '.number_format(round($total_amount+$wt_tax_computed,2), 2).' ';
echo 'Creditable WTAX: '.number_format(round($wt_tax_computed,2), 2).' ';
echo 'OUTPUT TAX: '.number_format(round($vat+$misc,2), 2).' ';
echo 'COMM INSURANCE: '.number_format(round($insurance_commission,2), 2).' ';
echo 'MISCE: '.number_format(round($printing_cost-$printing_cost_net_vat,2), 2).' ';

File Description

GL BRANCH
PHP Code
29 Oct-2020
2.46 Kb

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GL BRANCH - PHP Online

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Full code of GL BRANCH.php