Rounding issues with

[Mike or Penny Novack]

Buddha Buck wrote:

>On Mon, Feb 17, 2014 at 8:40 PM, Geert Janssens
><janssens-geert at telenet.be>wrote:
>
>  
>
>>On Tuesday 18 February 2014 00:45:14 Guido Flohr wrote:
>>    
>>
>>>Goedemiddag, bonjour, hallo, whatever you like best in België, en
>>>Belgique, in Belgien!
>>>
>>>Can you please kick me in the right direction where to report more
>>>problems with the gnucash business module? The gnucash-user mailing
>>>list, IRC, bugzilla, you personally, /dev/null?
>>>
>>>      
>>>
>>All are fine except me personally :)
>>
>>    
>>
>
>However, /dev/null is likely to be even less responsive than Geert
>personally.
>
>  
>
>>125.85 € is an "impossible" gross price with a VAT rate of 20 % (the
>>    
>>
>>>default for example in Austria or Bulgaria) because there is no net
>>>price for such a gross price.  The same holds true for the common
>>>supermarket price of 0.99 €.  Still, those gross prices are not
>>>illegal, and it should be possible to issue invoices for that.
>>>
>>>      
>>>
>>How is that an impossible gross price ?
>>    
>>
>
>
>125.85 gross with a 20% VAT would correspond to a net price of 104.875.
>Since net prices aren't priced to the thousandth of a Euro, that would
>really be 104.87 or 104.88. For the former, the gross price would be
>(unrounded) 124.844, which would round to 124.84. For the latter, the gross
>price would be 125.856, which would round to 124.86.
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-- 
There is no possibility of social justice on a dead planet except the equality of the grave.