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CRITICAL: Tax Calculation Flaw in All Versions of Magento
 
Paulus
Guru
 
Total Posts:  335
Joined:  2008-07-21
 

My accountant is not a big fan of Magento reportings. Let’s just hope we’re not getting audited.

 
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raska__
Member
 
Total Posts:  42
Joined:  2009-05-24
 

We have same problem.
We don’t know why Varien don’t solve this PROBLEM!!

for inovices we have 0.01 decimal desviation....

 
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dipali
Jr. Member
 
Total Posts:  4
Joined:  2010-09-20
 

Magento tax issue for UK ecommerce:
Can you pls guide how to implement tax deduction in cart for uk ecommerce website,

we need to have cart like this
e.g.
Subtotal :  £270.50 (Note: product prices in a site are tax inclusive)
tax :  -£40.29 ((after deduction £230.21) Note: calculation should be done like http://www.digita.com/taxcentral/home/calculators/vatcalculator/default.asp it’s done her for 17.5%(tick) Inclusive of VAT, also, kindly notice that i want to deduct tax for some countries and for some it won’t be deducted . I’ve csv ready for the same.  )
delivery charge :  £18.00
Final Total :  £248.21

Can you pls guide how can i apply above like tax imple in magento?

Image Attachments
tax inclusive tax deduction calc.jpgtax inclusive tax deduction calc.jpg
 
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