+3

Tax calculation Round off

gokuls 3 years ago in POS updated by Joyce 3 years ago 1

We have been having issues with the tax on days that we have zero nontaxable. Because Linga rounds each menu item it overinflates the total tax at the end of the day. I looked at some tickets to explain what I am talking about.

For example, there was a ticket that had 4 menu items on it.

6.50

6.50

8.50

7.50

This equals $29 in total sales and you calculate the tax as $2.05. I think it should be $2.03

But, instead of you rounding each menu item individually I am suggesting you keep each taxon item as three digits and then add them together...then do the rounding on the subtotal. That will help us a lot with this issue and bring us closer to our numbers.

Therefore,

6.50=.455

6.50=.455

8.50=.595

7.50= .525

.455 + .455 + .595 + .525 =2.03

Here is another example:

subtotal = 21.90 and you say tax is 1.55. I think it should be 1.54

2.95 =.207

2.95 =.207

6.50 =.455

5.50 = .385

1.75 = .123

2.25 = .158

this equals 1.535. So this should round as 1.54

Please consider this method of rounding. We have used 4 different POS systems in the past and we have never encountered this problem

I have been having this same problem and I particularly see this on zero non taxable days. Because the method of the way they do tax it makes my net non taxable sales as a negative and that is impossible. I brought this up to them months ago and they have many other issues to fix so I guess this issue isn’t important to them. My workaround is to take the total taxable sales and multiply it by the tax rate (in my case 7%) and use that number as my tax. Otherwise my numbers do not work.