If there are transactions showing on the Tax Amount Variance report, it usually means any tax amounts were manually changed in those transactions. It can also occur if the transaction were imported, and some figures in the import file were edited.
What you'll need to do is open each transaction listed on the report, and verify if the current tax amount is correct or not. You can click on the arrow next to the arrow next to the Tax amount > use 'Recalculate' to force the total tax amount to be recalculated.
If it's an item sale, please also verify if all the unit prices are correct. You can take a screenshot of the transaction details, then re-enter the same unit prices in the Price column. The reason behind it is that some import transactions may had item prices with more than 4 decimals, but AccountRight only allows/displays 4 decimal places for unit pricing. Manually over-typing the unit price will get rid of any possible hidden decimals.
You can also try change the 'Tax inclusive' ticking of the transaction > Save > change it back (then overwrite the unit prices if needed) to force a system recalculation as well.
I hope this helps. Please feel free to let us know how you go, and if you have any further questions.
If there are transactions showing on the Tax Amount Variance report, it usually means any tax amounts were manually changed in those transactions. It can also occur if the transaction were imported, and some figures in the import file were edited.
What you'll need to do is open each transaction listed on the report, and verify if the current tax amount is correct or not. You can click on the arrow next to the arrow next to the Tax amount > use 'Recalculate' to force the total tax amount to be recalculated.
If it's an item sale, please also verify if all the unit prices are correct. You can take a screenshot of the transaction details, then re-enter the same unit prices in the Price column. The reason behind it is that some import transactions may had item prices with more than 4 decimals, but AccountRight only allows/displays 4 decimal places for unit pricing. Manually over-typing the unit price will get rid of any possible hidden decimals.
You can also try change the 'Tax inclusive' ticking of the transaction > Save > change it back (then overwrite the unit prices if needed) to force a system recalculation as well.
I hope this helps. Please feel free to let us know how you go, and if you have any further questions.
These 1c variances when running the Company Data Auditor have been appearing since longer than I can remember in the new versions and not once has it ever been because there's been a manual adjustment or import transactions etc. Like many others, I have never mentioned it before for fear of sounding trivial. But when it's constantly the only red question mark when runnning the Data Auditor, it's a bummer! ( These annoying 1c variances never occured on the old desktop versions.)
The Company Data Auditor is merely picking up variances for that period selected, and prompting for a review of these transactions, the current tax amount may or may not need to be changed.
While I cannot tell what work flow/history your company file had in the past, I do suggest clicking into each transaction picked up in the variance report, force a tax recalculation by using the methods explained in my initial reply. This will ensure the tax calculation right now is correct, before closing off the period.
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The tax amount variance repoort shows 1 cent variance for some of our sales.
May I know if any chance I can fix them, I tried to retype the sales figure but seems nothing changed.
Thanks in advanced.
","body@stringLength":"244","rawBody":"
The tax amount variance repoort shows 1 cent variance for some of our sales.
May I know if any chance I can fix them, I tried to retype the sales figure but seems nothing changed.
Thanks in advanced.
","kudosSumWeight":1,"postTime":"2020-01-10T12:00:25.732+11:00","images":{"__typename":"AssociatedImageConnection","edges":[],"totalCount":0,"pageInfo":{"__typename":"PageInfo","hasNextPage":false,"endCursor":null,"hasPreviousPage":false,"startCursor":null}},"attachments":{"__typename":"AttachmentConnection","pageInfo":{"__typename":"PageInfo","hasNextPage":false,"endCursor":null,"hasPreviousPage":false,"startCursor":null},"edges":[]},"tags":{"__typename":"TagConnection","pageInfo":{"__typename":"PageInfo","hasNextPage":false,"endCursor":null,"hasPreviousPage":false,"startCursor":null},"edges":[]},"timeToRead":1,"currentRevision":{"__ref":"Revision:revision:626134_1"},"latestVersion":null,"metrics":{"__typename":"MessageMetrics","views":1842},"visibilityScope":"PUBLIC","canonicalUrl":null,"seoTitle":null,"seoDescription":null,"isEscalated":null,"placeholder":false,"originalMessageForPlaceholder":null,"messagePolicies":{"__typename":"MessagePolicies","canModerateSpamMessage":{"__typename":"PolicyResult","failureReason":{"__typename":"FailureReason","message":"error.lithium.policies.feature.moderation_spam.action.moderate_entity.allowed.accessDenied","key":"error.lithium.policies.feature.moderation_spam.action.moderate_entity.allowed.accessDenied","args":[]}}},"archivalData":null,"searchSnippet":"The tax amount variance repoort shows 1 cent variance for some of our sales. May I know if any chance I can fix them, I tried to retype the sales figure but seems nothing changed. 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Tax Amount Variance - rounding issue","moderationData":{"__ref":"ModerationData:moderation_data:626379"},"body":"
If there are transactions showing on the Tax Amount Variance report, it usually means any tax amounts were manually changed in those transactions. It can also occur if the transaction were imported, and some figures in the import file were edited.
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What you'll need to do is open each transaction listed on the report, and verify if the current tax amount is correct or not. You can click on the arrow next to the arrow next to the Tax amount > use 'Recalculate' to force the total tax amount to be recalculated.
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If it's an item sale, please also verify if all the unit prices are correct. You can take a screenshot of the transaction details, then re-enter the same unit prices in the Price column. The reason behind it is that some import transactions may had item prices with more than 4 decimals, but AccountRight only allows/displays 4 decimal places for unit pricing. Manually over-typing the unit price will get rid of any possible hidden decimals.
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You can also try change the 'Tax inclusive' ticking of the transaction > Save > change it back (then overwrite the unit prices if needed) to force a system recalculation as well.
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I hope this helps. Please feel free to let us know how you go, and if you have any further questions.
If there are transactions showing on the Tax Amount Variance report, it usually means any tax amounts were manually changed in those transactions. It can also occur if the transaction were imported, and some figures in the import file were edited.
\n
\n
What you'll need to do is open each transaction listed on the report, and verify if the current tax amount is correct or not. You can click on the arrow next to the arrow next to the Tax amount > use 'Recalculate' to force the total tax amount to be recalculated.
\n
\n
If it's an item sale, please also verify if all the unit prices are correct. You can take a screenshot of the transaction details, then re-enter the same unit prices in the Price column. The reason behind it is that some import transactions may had item prices with more than 4 decimals, but AccountRight only allows/displays 4 decimal places for unit pricing. Manually over-typing the unit price will get rid of any possible hidden decimals.
\n
\n
You can also try change the 'Tax inclusive' ticking of the transaction > Save > change it back (then overwrite the unit prices if needed) to force a system recalculation as well.
\n
\n
I hope this helps. Please feel free to let us know how you go, and if you have any further questions.
These 1c variances when running the Company Data Auditor have been appearing since longer than I can remember in the new versions and not once has it ever been because there's been a manual adjustment or import transactions etc. Like many others, I have never mentioned it before for fear of sounding trivial. But when it's constantly the only red question mark when runnning the Data Auditor, it's a bummer! ( These annoying 1c variances never occured on the old desktop versions.)
These 1c variances when running the Company Data Auditor have been appearing since longer than I can remember in the new versions and not once has it ever been because there's been a manual adjustment or import transactions etc. Like many others, I have never mentioned it before for fear of sounding trivial. But when it's constantly the only red question mark when runnning the Data Auditor, it's a bummer! ( These annoying 1c variances never occured on the old desktop versions.)
The Company Data Auditor is merely picking up variances for that period selected, and prompting for a review of these transactions, the current tax amount may or may not need to be changed.
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While I cannot tell what work flow/history your company file had in the past, I do suggest clicking into each transaction picked up in the variance report, force a tax recalculation by using the methods explained in my initial reply. This will ensure the tax calculation right now is correct, before closing off the period.
The Company Data Auditor is merely picking up variances for that period selected, and prompting for a review of these transactions, the current tax amount may or may not need to be changed.
\n
\n
While I cannot tell what work flow/history your company file had in the past, I do suggest clicking into each transaction picked up in the variance report, force a tax recalculation by using the methods explained in my initial reply. This will ensure the tax calculation right now is correct, before closing off the period.
I can be sure that all the tax amount were not manually changed and also those problematic sales transaction were not imported.
But I am happy as problem solved!
When I \"Recalculate\" the tax amount + click \"tax inclusive & exclusive\", the variance gone.
Still not sure why this happend though.
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