openerp-expert-accounting team mailing list archive

[Davide Corio <davide.corio@xxxxxxxxxxx>]

On 03/nov/2011, at 19:09, Bogdan Stanciu wrote:
> I might get it wrong, but as far as I understand the issue, there are no
> "two methods" for computing tax (and as a matter of fact this can apply
> to other percentages as well) it is ALL about rounding!!!


there are two methods indeed.

you can compute the vat on each invoice line and sum it or you can compute the vat on the total amount.

if you need to group the invoice lines by vat rate you can often face rounding issues, on openerp as well as on the paper

--
Davide Corio                                    
davide.corio@xxxxxxxxxxx
http://www.agilebg.com