Discrepancy Between Supplier's Total and Manager's Purchase Invoice Total

1

I am inputting my suppliers receipt into Manager’s Purchase Invoice.

The order has a 15% discount on all items except shipping and a sales tax of 15% on all items including shipping.

There is a $0.06 difference in the discount calculated resulting in a $0.06 difference in the total

Below is the calculation from the supplier.
supplier

Below is the calculation from Manager’s Purchase Invoice. I’ve edited out the items for privacy.

manager-invoice
manager-invoice922×1014 71.2 KB

I think the difference in calculation comes from the method of calculation of my supplier and manager. The supplier calculates 15% from the subtotal resulting in a discount of $143.18. Manager applies the 15% discount per item and due to rounding, there is a $0.06 difference resulting in a discount of $143.24.

How can I correct this discrepancy so the record in Manager matches that of my supplier?

2

Add a new line at the end of your purchase invoice. Select any expense account or if you want you can create a new Expense account for Rounding itself. Add 0.06$ to the unit price field and Rouding in the description field. That will solve your issue.

1 Like