Purchases having incorrect TAX by 0.1c

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DavidCini
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Purchases having incorrect TAX by 0.1c

We have had this problem for years and never really bothered to look into it and rectify the issue. However now that we are using Mechanic Desk and it syncs our bills/supplier purchases to MYOB we need the issue rectifified. 

 

When entering a purchase/supplier invoice we often find that the total amount is always correct wether its entered as including or excluding gst. However the tax amount is very often wrong by 0.01 cent and we have to manually change it. How do we rectify this so it doesnt happen anymore?

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Earl_HD
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Re: Purchases having incorrect TAX by 0.1c

Hi @DavidCini 

Thank you so much for your post. What's the default tax code linked to account or item? Tax inclusive tick is normally total amount divide by 11

This help article will give you more information about Tax codes (Australia)
 

Regards,
Earl

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