Sales tax calculation is not correct

darshanm

I have Navision 4.0(SP3 HF6) Indian localization DB .

When I calculate Sales Tax in with below parameters
it givies me wrong Tax % in Purchase Order line

Item Qty = 2 nos
Direct Unit cost = 1.90

Sales tax % set in sales tax setup = 4%

system calculates = 3.95

I have checked all the setups including all the rounding related
setups on General Ledger setup, But still it gives me 3.95% instead of
4%

ilayarajav

Dear Dharshan,

This Problem already i have posted in mibuso. Diference between in Tax % is becuase of Navision back calculating tax percentage from Tax amount.
In ur case,
Qty = 2
Unit cost = 1.9
Total cost = 3.8
Tax amount = 3.8 * 4/100 = 0.152 = 0.15 round off.

if u back calculate Tax % = 0.15/3.8 = 3.95%

So the problem with back calculation with rounding off function.

U need to comment back calculation function.

Regards,
Ilayaraja. V

ssingla

U need to comment back calculation function.

I hope you have anticipated what all problems it might pose