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VAT setup, calculation and rounding rules: Difference between revisions
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VAT setup, calculation and rounding rules (view source)
Revision as of 17:29, 18 August 2011
, 15 years ago→Standard usage
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{|class="wikitable centre" width="80%" | {|class="wikitable centre" width="80%" | ||
|- | |- | ||
||Desc||Qty||Unit price||Vat rate||Tax amount||Exact price inc tax||Price inc tax rounded on 2 decimals | ||Desc||Qty||Unit price||Total without tax||Vat rate||Tax amount||Exact price inc tax||Price inc tax rounded on 2 decimals | ||
|- | |- | ||
||Product 1||1||1.24||10%||10/100*1.24=0.124||1.24+0.124=1.354||1.24+0.12=1.36 (rounded to nearest to have price on 2 decimals) | ||Product 1||1||1.24||1.24||10%||10/100*1.24=0.124||1.24+0.124=1.354||1.24+0.12=1.36 (rounded to nearest to have price on 2 decimals) | ||
|- | |- | ||
||Product 2||1||1.24||10%||10/100*1.24=0.124||1.24+0.124=1.354||1.24+0.12=1.36 (rounded to nearest to have price on 2 decimals) | ||Product 2||1||1.24||1.24||10%||10/100*1.24=0.124||1.24+0.124=1.354||1.24+0.12=1.36 (rounded to nearest to have price on 2 decimals) | ||
|} | |} | ||