Problem with rounding (tax)
Remi Christiaan Cool
moreloci at gmail.com
Mon Apr 13 23:58:36 EDT 2009
Hello,
I want to use GNUCash for my business accounting, but there's a rounding
problem with tax when I input bills.
For example ... I have a product on a bill that costs € 7.50 and the tax
is 19.00% ... it gives € 8.92 as a result and not € 8.93 (according to
what I learned ... € 8.925 should be rounded to € 8.93). If I put in €
8.93 as the price and check including tax ... the "right" numbers are
used ... ie: € 7.50 for the item and € 1.43 for the tax. But now I have
a bill with for example 16 * € 7.50 items (all excluding 19.00 % tax)
and the result is € 120.00 with € 22.72 tax ... which should be € 22.80
tax. So it looks like GNUCash calculates the tax per line and rounds it
(wrongly) to 2 decimals. In my old accounting program (and others at
least here in the Netherlands), all (internal) calculations are being
made with at least 4 decimals ... and the (sub)total is rounded to 2
decimals.
Is there any way that I can change this behavior so that I don't have to
incorporate extra (counter balance) lines to make it work?
Remi
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