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Hi Everyone.

I have an issue where the tax amount is not calculating correctly. The tax amount is 15%. So for an amount of 202 937.50 should be 30 440.63.  When creating an AR invoice. The amount I get on Acumatica is R30 441.10. What could be causing this and how can I fix this?

 

Hi @LungileNjakazi37 Please post the screenshot of the Invoices screen and the tax configuration for EXCLUSIVE.


Hello,

If your Line or document amount does not include tax and you want to multiply 202 937.50 X 0.15 =  30 440.63 tax, change Calculation Rule to EXCLUSIVE (line or document level depending on whether different Items being sold can have different tax rates).

 

Laura


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