• From: Saudi Arabia, Jeddah
  • Registered: 12/12/2017
  • Posts: 43

Topic: how i can make the Tax calculate exactly?

Hi All
  i confuse in this issue. i try to print invoice with 5000S.R and the tax is 5% it show me 238.10 S.R tax. it should be 250 S.R Tax/
How i can fix that?

2 Reply by poncho1234 (edited by poncho1234 12/22/2017 04:10:51 pm)

  • From: Colombia
  • Registered: 12/29/2014
  • Posts: 629

Re: how i can make the Tax calculate exactly?

You need to change the sale type from including tax to excluding tax
What you have done in effect is 4761.9 (5000-238.1) * 5% +

The FrontAccounting Wiki(Manual, examples, tips, setup info, links to accounting sites, etc) https://frontaccounting.com/fawiki/
  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,160

Re: how i can make the Tax calculate exactly?

Tax is set to be included in your price so 5000 * 0.05 / 1.05 = 238.10 SR. Setting it to be Tax Excluded will result in 250 SR = 5000 * 0.05. This setting is in Sales => Sales Types => Tax Incl (checkbox).

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  • From: Saudi Arabia, Jeddah
  • Registered: 12/12/2017
  • Posts: 43

Re: how i can make the Tax calculate exactly?

Many thanks to Poncho1234 and apmuthu for your support. it is ok now.