Tax inclusive calculation issue

I’am using the cloud version and when creating an invoice of 100,000 and we chose VAT 5% (Saudi Arabia) as tax inclusive ,the amount of TAX is 4,761.90 which means that the rate of the 5% is actually 4.76190%,kindly revisit the percentage rate.

Regards,
Majed

Kindly read the Guide: https://www.manager.io/guides/9502.

Also, please search the Guides and the forum before starting new topics. This subject has been discussed and illustrated dozens of times.