Rounding Error in Tax Calculation

Hi,

There appears to be an issue with rounding in tax calculation. Following is the exact situation:

Net Total = 24,571,428.57
VAT (5%) = 1,228,571.4285

Since I have left the rounding for tax at the default (2), I expect the figure to be 1,228,571.43 but instead, what we have is 1,228,571.42

Is this a bug?

Kind regards,

@wale

Are you facing the issue in V8?

Hi @ArundhatiS

Thanks for your response. No, its V7. Just tried it on a V8 demo and it works fine! Any chance of getting this fixed on V7 as well for the benefit of cloud users who haven’t been migrated yet?

Kind regards,

No everyone will be moved to v8 soon!

Awesome! :slight_smile:

getting same issue in version-15.