Log In

Come Join Us!

Are you a
Computer / IT professional?
Join Tek-Tips Forums!
  • Talk With Other Members
  • Be Notified Of Responses
    To Your Posts
  • Keyword Search
  • One-Click Access To Your
    Favorite Forums
  • Automated Signatures
    On Your Posts
  • Best Of All, It's Free!
  • Students Click Here

*Tek-Tips's functionality depends on members receiving e-mail. By joining you are opting in to receive e-mail.

Posting Guidelines

Promoting, selling, recruiting, coursework and thesis posting is forbidden.

Students Click Here


Discrepancy problem on decimals

Discrepancy problem on decimals

Discrepancy problem on decimals

Hi everyone,

I am encountering a slight decimal discrepancy.
So here is my scenario:
^TotalNetSales - 58,118.85 this is our total netsales on our record

^NONVATSales - 3,432.41 this is our total nonvat sales on our record

^VATSales - formula: (TAX01 / 1.12)
TAX01 on our record is 54,686.43
Example: (54,686.43 / 1.12) = 48,827.17

^VATAmount formula: VATSales * .12
Example: = 48,827.17 * .12 = 5,859.26
.12 is 12% our required percentage

Now, i have to add the total NONVat, VatSales & Vatamount, so all in all:
NON-VAT Sales = 3,432.41
VAT Sales = 48,827.17
VAT Amount = 5,859.26
TOTAL: 58,118.84

The total should be the same from our total net sales, as you can see, my total net sales is = 58,118.85 and my computed total of nonvat vatsales & vatamount is = 58,118.84.

I have tried rounding off on computing vatsales nor vatamount but still no luck.
I hope someone could really help me with this.

Red Flag This Post

Please let us know here why this post is inappropriate. Reasons such as off-topic, duplicates, flames, illegal, vulgar, or students posting their homework.

Red Flag Submitted

Thank you for helping keep Tek-Tips Forums free from inappropriate posts.
The Tek-Tips staff will check this out and take appropriate action.

Reply To This Thread

Posting in the Tek-Tips forums is a member-only feature.

Click Here to join Tek-Tips and talk with other members!

Close Box

Join Tek-Tips® Today!

Join your peers on the Internet's largest technical computer professional community.
It's easy to join and it's free.

Here's Why Members Love Tek-Tips Forums:

Register now while it's still free!

Already a member? Close this window and log in.

Join Us             Close