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  • Ferdy Hoefakker 214 posts 248 karma points
    Nov 29, 2010 @ 23:51
    Ferdy Hoefakker
    0

    VAT confusion

    I think there might be a mistake in the calculation of the prices with VAT.

    Look

    658745 Test item
    1 3,00 € 3,00 €

    Product total ex. VAT 3,00 €

    Payment : (Account) 0,00 €

    Subtotal ex. VAT 3,00 €

    VAT 57,00 €

    Total incl. VAT 60,00 €

    The total price IS correct, as that's what I had set for my item. Also, I have set the VAT to 19% (pretty much standard in the Netherlands). Now, I am no math genius but 19% of 60, is not 57.

    So either this is a bug/error in the calculation, or I am misinterpreting the way VAT works in Teacommerce.

    Kind regards.

    -Ferdy

  • Rune Grønkjær 1372 posts 3103 karma points
    Nov 30, 2010 @ 08:28
    Rune Grønkjær
    0

    Hi Ferdy,

    You are not the only person to point this out. The problem is that you have written 19 in the textfield when you should have written 0.19. I the current release that i the way to do it. As quite a few people have had this problem we will change it in the next release, wich we are allready working on. It will probably be out in this week.

    Until then write your VAT as a decimal.

    /Rune

  • Ferdy Hoefakker 214 posts 248 karma points
    Nov 30, 2010 @ 12:24
    Ferdy Hoefakker
    0

    Ah, alright. Thanks for the answer Rune!

    -Ferdy

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