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final Price, Rounding and Tax price [solved]

Started by sohopros, February 01, 2019, 19:23:03 PM

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sohopros

Hi,

1. product price is 1.11 euro.
2. User buy 21 Products.
3. Tax is 21%
Calculations:
1.11 * 21 = 23.31 . Price without Tax
23.31 * 0.21 = 4.90. Tax Price.
23.31 + 4.90 = 28.21 euro. Final Price.

Setting on the Back -end:

1. If user buy 21 or more quatity price is 1.11
2. Final Price is 1.34. BUT 1.11 * 1.21 (tax) is 1.3431. But Virtuemart Round this price to 1.34!
3. In the shopping Card Virtuemart USE FINLA Price to calculate Tax and Order Price.
Calcumations:

1.34*21 = 28.14  (Order Price)
1.11*21 = 23.31 ( Product Price withiut tax)
28.14-23.31 = 4.83 Tax Price.

See attached screenshots.

Can the calculations of the TAxes be made in the Card? Not from Final Price. OR Can the final price be rounded not for 2 decimals after the coma, but more?


Please advise,
Sandra

sohopros


jjk

Why do you want to change that? The VAT calculation with rounded 2 decimals is correct and accepted in all EU countries. This is what the vast majority of businesses do. If you change that, the numbers will look weird to many customers.
Non-English Shops: Are your language files up to date?
http://virtuemart.net/community/translations

sohopros

I want to have the correct total amount.

Virtuemart calculates final price: 28.14

But the correct Final Price is 28.21.

In my example, the difference is not big, but in the real world, the difference is huge.

AH

show your rounding settings in the configuration page

what type of tax are you applying to products
Regards
A

Joomla 3.10.11
php 8.0

sohopros

Added Price roundings

We use VatTax

Thanks

AH

Thank you for the information.

My advice (as it is the settings I have used since day 1 for VAT Tax by product ) Do not round to 2 when using VAT tax - set ALL roundings to -1

Also set "Round only display"
Regards
A

Joomla 3.10.11
php 8.0

sohopros


AH

Regards
A

Joomla 3.10.11
php 8.0