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samantha12
Level 2

Why does the second line on the GST summary report not exactly equal 1/10th of the top line?

 
1 Comment 1
Bonny_
Moderator

Why does the second line on the GST summary report not exactly equal 1/10th of the top line?

Hi samantha12,

 

Are you referring to the lines "Net on G1" and "Tax on G1"? The second line Tax on G1 is not exactly equal to 1/10th of Net on G1 because of rounding differences. The Tax on G1 rounds the calculation to 2 decimal places.

 

Bonny