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May 14, 2022
Question

How an my group tax cumulative figure changed?GetFun 2.5% on Net AmountNHIL 2.5% on Net Amount COVID 1% on Net AmountVAT 12.5% on Tax Net Amount = 19.25% not 18.63%

  • May 14, 2022
  • 1 reply
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Daniel

1 reply

May 14, 2022

Hi there, @Daniel Kaku.

 

I appreciate you for coming to the Community for your concerns.  I can see here in my end that the total of these taxes is 18.5.

 

Could you explain why it should accumulate to 18.63?  Any additional information would really be helpful for me to provide a resolution.

 

You'll want to visit and gain some additional information about the calculation of the tax rate in QuickBooks Online:

 

 

If you need more help, please don't hesitate to post your concerns here. The Community is always here to help. Take care,