GST and PST in Quebec Canada
Posted: Sat Dec 31, 2011 5:31 pm
GST (Federal tax) and PST (Provincial Tax) are not correctly calculated in PCPlus.
In Quebec GST is calculated on the original amount and then added to the original amount. Finally the PST is calculated upon the total of that.
Ex. $100 amount taxed at 5% GST is $5.00, so PST is calculted on $100. plus the 5.00, so $105.00 times the 9.5% PST. $105. plus $9.98 PST for a total of $114.98.
As a work around the tax rate fields, for both GST and PST need to show 3 decimal points in order to get the required amount but are presently limited to 2 decimal places.
Is it possible to change the fields to accept 3 decimals?
TIA
In Quebec GST is calculated on the original amount and then added to the original amount. Finally the PST is calculated upon the total of that.
Ex. $100 amount taxed at 5% GST is $5.00, so PST is calculted on $100. plus the 5.00, so $105.00 times the 9.5% PST. $105. plus $9.98 PST for a total of $114.98.
As a work around the tax rate fields, for both GST and PST need to show 3 decimal points in order to get the required amount but are presently limited to 2 decimal places.
Is it possible to change the fields to accept 3 decimals?
TIA