Incorrect tax rounding
-
HI,
I think this is not the first time this issue has been experienced.
I have noticed, that woocommerce is rounding incorrectly when shop is set to use prices EXCLUDING tax (and tax is calculated based on delivery to a specific country.
Example:
Product cost 7,50 EUR excluding VAT
Customer from Germany with a 19% VAT rate orders the product
Woocommerce INCORRECTLY rounds the VAT down and shows following prices:
Price excl. Tax: 7,50 EUR
VAT: 1,42 EUR
Total: 8,92 EURBut it should be like this:
Price excl. tax: 7,50 EUR
VAT: 1,43 EUR (because 7,50*0,19= 1,425 EUR rounded correctly to 1,43 EUR)
Total: 8,93 EURA difference of 0,01 EUR is caused by this bug.
This might seem to be a minor issue, but happening very often and slowly acumulating in larger sums. Tax offices literally in every EU country have obviously a problem with that.
Is there a fix or a snippet that would solve this rounding error in Woocommerce?
I really and honestly believe this should be fixed by woocommerce dev team instead of asking users to find own custom code for this basic issue.
Rounding is at subtotal level is disabled and prices are set excluding tax (and it should stay that way)
Regards
Michal
The topic ‘Incorrect tax rounding’ is closed to new replies.
