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  1. #1
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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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    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.
    20 years a Zencart User

  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
    Join Date
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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)
    20 years a Zencart User

  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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