Sales tax (VAT, GST) due on a transaction on an item basis VS an invoice basis.
Keywords: Sales tax (VAT, GST) due on a transaction on an item basis VS an invoice basis.
There are two "grouping" calculation methods:
Tax due on a transaction on an item basis
Tax due on a transaction on an invoice basis
These methods may give different results, e.g.:
round(2.244 + 2.244) != round(2.244) + round(2.244);
4.49 != 4.48;
By default Beigesoft™ EIS uses the "item basis" method. You can switch it in the "Accounting settings" and a "Tax destination".
Example of two identical invoices for the both methods.
The system's "item basis" method is "On", so just add a new invoice with two services for 55.67USD each with tax 11%: