Invoice total error

Mark Johnson mrj001 at shaw.ca
Sun Apr 10 09:50:18 EDT 2005


Beth Leonard wrote:

>I am not an accountant so I do not know the "correct" way to figure
>it, but clearly the current way is wrong.  Subtotal plus total tax
>should always equal total bill.  It occurs to me that the "correct"
>way may even differ from state to state or country to country.
>
>  
>
While I was living in Nova Scotia, I noticed that different shops 
rounded differently.  For some, a tax of one-tenth of a cent was rounded 
up to the next full cent.  For others, it would not be rounded up until 
a half cent was reached.  I'm not sure what the "correct" way was 
supposed to be for that province.  In any case, it may differ from shop 
to shop within a tax jurisdiction, too.

Regards,
Mark



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