Rounding issues on purchases

dabba23

Hi,

I have a purchase invoice where the Total Amount should be 81,50 euro. However, it shows 81,51 euro.
Local currency is Euro.



The General Ledger Setup is:

Inv. Rounding Precision (LCY): 0.01
Amount Rounding Precision: 0.01
VAT Rounding Type: Nearest

Is there anywhere where you can setup rounding on VAT?

muca

From math point of view there everything is OK
As I understand on this invoice You have 21% VAT
67.36*21%=14.1456 or Rounded value 14.15
If You want 14.14 VAT amount then You can setup on Purchases Payables Setup cehckmark "Allow VAT Difference"
On Purchase invoice use Statistics window, Activate Column "VAT Difference" and type VAT Amount correction

muca

From math point of view there everything is OK
As I understand on this invoice You have 21% VAT
67.36*21%=14.1456 or Rounded value 14.15
If You want 14.14 VAT amount then You can setup on Purchases Payables Setup cehckmark "Allow VAT Difference"
On Purchase invoice use Statistics window, Activate Column "VAT Difference" and type VAT Amount correction