Sage 50 UKI Ideas Portal

VAT calculation option

An option to change the VAT calculation from the current (VAT calculated per product then rounded and summed),  to be calculated from the gross total of all similar tax codes.

Currently a gross total x 0.2 (20% VAT) can sometimes give a different VAT value to the Sage calculated value. (from the sum of the rounded product tax values), normally a penny out.

This is an issue when importing or entering invoices calculated from a system that uses the more normal Tax calculated from the gross total.

  • Guest
  • Jul 15 2022