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| This is the way it has always worked. With A VAT/GST rateof 12.5%, 8.89 is the amount which would generate the VAT of 1.11 - which sums up to a total of 10.00, so yes, it's correct -- Glyn Simpson, Microsoft MVP - Money http://money.mvps.org Check http://support.microsoft.com/default...d=fh;EN-GB;mny or http://money.mvps.org/faq for UK tips and fixes for MS Money. To send Microsoft your product wishes see http://money.mvps.org/wishes.aspx I do not respond to any unsolicited email regarding Money "Boaz" <Boaz[at]discussions.microsoft.com> wrote in message news:9F8DBF74-B5A2-4D2D-834D-29DA960FC13C[at]microsoft.com... - quote - > Can anybody tell me if the caculation is supposed to be correct, or how to > fix it if it appears not to be working. I have 12.5 entered as gst/vat > but > for exapmle I put in 10.00 and it shows an amount of 1.11. Money 2005. |
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| Can anybody tell me if the caculation is supposed to be correct, or how to fix it if it appears not to be working. I have 12.5 entered as gst/vat but for exapmle I put in 10.00 and it shows an amount of 1.11. Money 2005. |
| Tags |
| caculation, gst or vat, problem |
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