RE: TAX calculation is wrong for italian fiscal law

[Dr D. <drd...@ho...>]

The million dollar question is: where and when is the rounding done?
Does SQLedger really round at two decimals every line and is tax that
heavy in Italy that this would be a real life problem?! Would not the
rounding on other examples be on the other side so that on a totals/year
basis the difference would be near to I guess maximum one euro? If the
company cannot afford that, I suggest to close it down fast.. 

Follow-up question: If I would request 3 separate bills, would it be
allright then? If so, print an invoice per item would be a slution
(Although it's waisting perfectly good paper that is probably more
expensive)

PS: Italian Fiscal Authoraties must be no joking matter. In Holland we
are entitled to round amounts in all the official tax forms at whole
euros IN OUR FAVOUR. Then again, rounding of eurocents is more
substantial than rounding on lires used to be ;-)

Cheers, 

Paul


-----Original Message-----
From: sql...@li...
[mailto:sql...@li...] On Behalf Of Guido
Brugnara
Sent: vrijdag 22 februari 2002 9:33
To: sql...@li...
Subject: TAX calculation is wrong for italian fiscal law


In Italy the TAX calculation is made on total of the same TAX, list of
articles. In SQL-LEGDER the TAX calculation is made on single detail
row.

   Value        TAX 20%
    56,85       11,37
    56,82       11,36
    56,82       11,36
   ------------------
   170,49       34,09

If you calculate the 20% of 170,49 the result is different for 1/100 Eur

   170,49*0,2 = 34,10

=====================================================
This different value is wrong for italian fiscal law.
=====================================================

Is this a problem in another Country ?

I like to correct the problem but if the method of calculation is
different for every Country is necessary to define this with parameter
in the config file. Please talk me coordination to correct development
or your refusal, please.

best regards

   Guido Brugnara






[ Note: When replying, please Reply to the list address. This way other
members know if the issues have been resolved or not. Thanks! Your List
administrator. ]