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Microsoft Dynamics NAV (Archived)

Dynamics NAV VAT rounding Problem

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Posted on by 330

Hi All,

Is there problem with VAT rounding

Invoice total ex VAT   49.91

VAT shows as 9.99

But 20% CALCULATION SHOULD BE 9.982 

IF rounded to two decimal places should be 9.98

 

Why its showing 9.99

Is there anyway to use correct value?

 

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  • CharithSilva Profile Picture
    330 on at
    RE: Dynamics NAV VAT rounding Problem

    HI Alex,

    Couldnt find that one ins sales and receivables, is it hidden?

  • Suggested answer
    Alexander Ermakov Profile Picture
    28,094 on at
    RE: Dynamics NAV VAT rounding Problem

    You might be also interested in few more settings. In the Sales and Receivables setup there is "Calc. VAT per Line" Boolean field (msdn.microsoft.com/.../dn367783(v=nav.90).aspx). It can also be quite a tricky one, resulting in discrepancies in rounding.

  • Verified answer
    CharithSilva Profile Picture
    330 on at
    RE: Dynamics NAV VAT rounding Problem

    Sorry for the trouble ....Its sorted - Found issue GL setup VAT Rounding type was UP  --- Change to nearest - SORTED...!!!

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