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Cannot Charge £10 for shipping! VAT rounding issue.
To all UK customers of Netsuite!
It is impossible to charge £10(gross VAT) for shipping.
Let me explain:
To charge £10 for shipping you need to set the shipping amount to £8.69565
then with VAT at 15% (£1.3043) the vat added to this would be
£1.3043 + 8.63565 = 9.99995 which will round to £10.
However: Netsuite rounds the shipping amounts to 2dp so:
8.70 + 15% (1.305) = 10.005 which rounds to £10.01.
Come on Netsuite, wake up and realise that this is a serious issue!
Make it an S1!
There is a big list of prices that fall under this issue.
Case details:
Case #819486, Defect #157784
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