Rounding MWST

  • Resolved ialain

    (@ialain)


    4 years ago

    Hello

    A question about calculation. According to law, VAT WITHOUT rounds must be calculated to two decimal places. Only at the END may the Payable Tax be rounded to 5 centimes in favor of the taxable entity.

    I.e. CHF 950.54 becomes 950.50 and e.g. CHF 950.51 becomes 950.55

    See here item 6.2: https://www.ech.ch/de/dokument/c1c91d58-22be-4410-af40-d9baf7c8b3ae

    However, with your plugin, only the total of the WMST is taken as a basis and then rounded down, which is in my point of view wrong.

    Can you give me your feedback on this topic.

    Thanks a lot.

    VR
    Alain

    PS: I’m not a VAT Specialist – it is just a question because im really not sure about that.

    • This topic was modified 4 years ago by ialain.
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