Tax computation is not correct (for Kingdom saudi arabia)

1

I was using the Manager desktop edition and when I checked Tax Transaction report it is not showing the correct tax amount. Say for example:
TOTAL SALE : 24.77,
TAX ON SALE : 1.18 (AT 5% RATE) IT SHOULD BE 1.2385
thus all tax computation is wrong. Kindly check.

2

You have chosen, explicitly or by default, to use the tax-inclusive price option on your invoice.

So the price of 24.77 includes the tax ie the tax exclusive price is 23.59 + tax @ 5% or 1.18 for a total price of 24.77

Manager calculates the taxes correctly - if not there would be thousands of disgruntled customers!

Read the guide on Choose between tax-exclusive and tax-inclusive prices

1 Like
3

Hello
I have paid my purchase invoices in full but today manager.io started showing it as unpaid

4

Please do not divert topics with unrelated question. This question has nothing to do with tax computations. Start a new topic.