Re: AP Transactions and Tax

["Phil Ross" <..hidden..>]

Unfortunately there are some serious problems with tax calculations in
LedgerSMB. I have raised them on this list before. I am not sure why
the behaviour changed between versions, and I believe there are also
problems getting tax to appear on certain reports.

I have not heard about whether there is a fix for this, and what
release it can be expected.

I work around this by disabling any "tax included" for vendors, and go
over all the tax carefully before submitting returns to the
Government.

LedgerSMB looks promising and it is clearly an active project with
ongoing development, so a fix shouldn't be too far away. Until then
the problems with tax calculations appear to be significant and
extreme caution should be exercised when using it.

On Tue, Oct 21, 2008 at 3:43 PM, Peter McKenna <..hidden..> wrote:
> Hi,
> I just upgraded from 1.2.9 to 1.2.16 and all seems to have gone well. Thanks
> to whoever did the deb package.
> In 1.2.9 I began to notice the problems with AP Transactions and tax (in my
> case GST) not adding up properly.
> I notice in 1.2.16 if I tick 'Tax Included' and the tickbox by the tax drop
> down but don't manually enter the tax amount tax is not calculated and
> posted as it should be.
> If I enter the tax amount the total is wrong, it adds the tax amount to the
> original amount that already has tax included. That is tax is added in
> twice, however the figures are posted correctly in a Tax Paid report.
> I've read some of the posts from Chris Travers regarding the difference in
> tax requirements in different parts of the world, difficulties with rounding
> and mixing taxable and non taxable items on the same invoice. I can
> appreciate that trying to have a system that is flexible enough to cover the
> different requirements in different countries is hard, but I would like to
> be able to revert my system to the way it used to work (calculate tax
> automatically) without reverting to an older version.
> Can someone confirm what the last release was that handled tax in the old
> way and ideally which code page I need to look at changing?
> Regards,
> Peter McKenna
>
>
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