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I'm new to quickbooks and use it for our business. Our company is not US based, reason why we set it for our needs.
A problem we face is that, since taxes are a percentage, all calculations end up with decimal values which we need to roundup to the absolute value of the transaction.
Is there a way we can set that up?
In advance, thanks a lot!!!
aB
I truly appreciate your dedication to adapting QuickBooks to meet the specific needs of your company, Dr. Marketing. We recognize how crucial rounding transactions to the nearest whole number is for your business, particularly when managing tax calculations that result in decimal values.
While QuickBooks for Mac doesn’t currently have a built-in feature to round up decimals for all transactions automatically, there are alternative approaches you can consider:
Both solutions can streamline your accounting processes, and we are here to assist you in implementing the method that best fits your business needs.
Additionally, you can check out these articles to help manage your sales tax:
I hope this brings us closer to resolving the decimal dilemma for your business. Remember, I'm just a message away if further assistance is needed!
JorgetteG
Thanks for the suggestions.
I looked a way to manually adjust tax amount but it is a not editable field in the invoice.
As for Third-Party Applications, can you recommend one or where I can find such apps.
Regards
aB
We're unable to recommend an app in QuickBooks Desktop (QBDT) for Mac, @Dr Marketing. However, I can offer an alternative way to help you find one.
You can browse our Apps Center and pick one that matches your business needs. Here's how:
You can view an app's rating and open the app's page and read the user's comments. This can give you a general idea of whether the app meets your company's standards.
Moreover, we have various reports that you can run to help you review what you owe for sales tax, ensuring everything is accurate before paying your taxes: Review sales tax reports in QuickBooks Desktop for Mac.
If you've got other concerns about this, you can always post in this forum. I'll be here to support you.
"A problem we face is that, since taxes are a percentage, all calculations end up with decimal values which we need to roundup to the absolute value of the transaction."
It's common to round up/down when paying taxes. I've never seen a third-party add-on that can do that. It's just something you need to do manually AFAIK.
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