FrontAccounting forum — Incorrect Tax Calculation

Re: Incorrect Tax Calculation

2022-05-24T11:25:16Z

Hello Kvvaradha,

you pointed out correct, it was due to Sales Type check mark, thanks. I have not checked shipping tax and not using it for now. However, when I uncheck it calculates correctly but now system is calculating tax as separate, which is increasing the net amount of invoice. E.g.. item1 sales price is 1600, it is adding 4.5 tax and making receivables 1672. How can I make price inclusive of tax. Thanks.

Re: Incorrect Tax Calculation

2022-05-24T07:23:25Z

May be you have checked included sales type from price list. Which makes the price included tax, which makes the amount of calculated tax vary. And it makes you to feel like the tax is less than actual.

Or you have adding shipping cost, but while checking the tax calculation you might missed to calculate shipping tax.

Re: Incorrect Tax Calculation

2022-05-24T05:16:50Z

Can u please mention how you setup this Tax and give example of where the difference is?

Re: Incorrect Tax Calculation

2022-05-23T15:30:05Z

Thanks for response. It’s deployed on web-hosting. Below are the details:
Apache Version 2.4.53
PHP Version 7.0.33
MySQL Version 10.3.35-MariaDB
Architecture x86_64
Operating System linux

Re: Incorrect Tax Calculation

2022-05-23T15:12:51Z

Mention php and os versions. Give example of how you define this Tax

Incorrect Tax Calculation

2022-05-23T13:24:00Z

I am new to system, i defined a withholding tax as 4.5%. When i create invoice it calculates 4.3%, can anyone help findingout out the reason? i am using ver.2.4.11.
Thanks.