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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HI Alex,
Couldnt find that one ins sales and receivables, is it hidden?
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.
Sorry for the trouble ....Its sorted - Found issue GL setup VAT Rounding type was UP --- Change to nearest - SORTED...!!!
Sohail Ahmed
2
mmv
2
Amol Salvi
2