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Invoice Tax calculation rounding off issue

By
Rahul Patel
on 8/4/14, 3:01 AM 3,114 views

Hello 

We have issue in Tax calculation in Invoice.

The total invoice amount is $872.60 

GST Tax is 7% so the Tax amount should be 7% of $872 = $61.082 = $61.08 

But when we set this in Odoo its return tax amount as $61.09 which is wrong.

So any idea on how to do this ?

 

0

Zura Tsiklauri

--Zura Tsiklauri--
858
| 5 2 6
Tbilisi, Georgia
--Zura Tsiklauri--
Zura Tsiklauri
On 8/5/14, 2:47 AM

Hi. The problem might be the tax calculation rounding method. If you have multiple lines in your $872.6 Invoice and in Settings->Accounting->tax calculation rounding method = Round globally, it may round the sum incorreclty. Above this in settings u can also find Decimal Precision on Journal Entries. It might help u.

0
Rahul Patel
On 8/5/14, 7:45 AM

Hi Zura,

Thanks for your answer. 

Basically i tried to setting both option but none of them working.

 

 

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Asked: 8/4/14, 3:01 AM
Seen: 3114 times
Last updated: 3/16/15, 8:10 AM