It is not calculating the tax correctly

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jsbyers
Posts: 21
Joined: 16 Apr 2010 03:23
Location: Canada

It is not calculating the tax correctly

Post by jsbyers » 23 Apr 2010 04:18

The system is not calculating the tax correctly :evil: The code I am using is to calculate the GST & PST but the amount doesn't match my bill. When I try to put in the final price, it won't work & when I try to change the tax amount, it changes the base price :x If I set up an account just for GST & an account for just PST & manually input, will it work or will it get screwed up?

Craig
Posts: 182
Joined: 28 Nov 2005 17:30
Location: Kathmandu, Nepal
Contact:

Post by Craig » 27 Apr 2010 02:24

Hi,
stick with it, and don't create your own accounts.
What tax rates have you got in your tax setup?
Cheers,
Craig
http://moneyworks.sussol.net

gerryc
Posts: 18
Joined: 27 Mar 2010 07:27
Product: Datacentre
Region: Canada
Location: BC, Canada

Re: It is not calculating the tax correctly

Post by gerryc » 11 May 2010 07:11

jsbyers wrote:The system is not calculating the tax correctly :evil: The code I am using is to calculate the GST & PST but the amount doesn't match my bill. When I try to put in the final price, it won't work & when I try to change the tax amount, it changes the base price :x If I set up an account just for GST & an account for just PST & manually input, will it work or will it get screwed up?


Sounds like you need to do a Sales tax override. There's an article about it on the North American MoneyWorks website ... www.moneyworks.ca

I had the same problem, but not sure if your issue was the same as mine. You should contact the support team at support@moneyworks.ca ... they're great.

shayanjameel08
Posts: 9
Joined: 21 Oct 2013 17:37

Re: It is not calculating the tax correctly

Post by shayanjameel08 » 25 Oct 2013 23:01

QB caculares and rounds EACH tax item in the group. You may want to create a sales tax item "O)ld Tax" with the 7% rate for the history entries.
The Sales Receipt will make entering the history quicker as it combinds the "invoice" and "payment" into one transaction.

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