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  1. #1
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    Dec 2006
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    Default Price rounding problems with VAT

    If I have a product which I wish to price to the customer as £14.00 because of the addition of 17.5% tax, my input price (rounded to the nearest penny) is either too high or too low.

    It's not a big deal but it looks untidy having the odd product priced a penny under (or over) a pound.

    i.e.:

    11.91 x 1.175 = 13.99
    11.92 x 1.175 = 14.01

    Is there a solution for this problem?

    NB - Most of the prices are to the nearest pound or 50 pence.

  2. #2
    Join Date
    Jun 2005
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    Hertfordshire, UK
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    Default Re: Price rounding problems with VAT

    Try this...

    In the EDIT PRODUCT screen, enter the £14 value (14.0000) in the PRODUCTS PRICE GROSS field. It may work.
    Did my post help you fix something? You can show your gratitude by buying the the dev team coffee.

  3. #3
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    Default Re: Price rounding problems with VAT

    The prices are set as attributes in the Attributes Controller. This doesn't have an option for Gross Price.

    Any other ideas?

  4. #4
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    Default Re: Price rounding problems with VAT

    You'll have to take your NETT prices to FOUR decimal places (or more)
    Did my post help you fix something? You can show your gratitude by buying the the dev team coffee.

  5. #5
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    Default Re: Price rounding problems with VAT

    Thanks - I'll give that a go and report back.

 

 

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