Magento v2 Troubleshooting
Rounding Issues in Magento v2 and Recommended Settings
Magento 2 contains many different options for calculating VAT on products. This can occasionally cause discrepancies between the values shown in Magento and the values calculated by your accounting system.
The simplest way to eliminate these discrepancies is to ensure that Magento is calculating tax amounts in the manner that most closely resembles the way your accounting system does. To that end, we advise using the following options within Magento 2.
All of the below can be found in the set up area of Magento 2, located within Stores > Configuration > Tax > Calculation Settings:
Magento 2 Tax Settings
Magento Setting | Option |
---|---|
Tax Calculation Method Based On | Row Total |
Catalog Prices | Excluding Tax |
Shipping Prices | Excluding Tax |
Apply Customer Tax | After Discount |
Apply Discount On Prices | Excluding Tax |
Before making any changes to these settings, we recommend discussing the above with your accountant to make sure they are happy these comply with your processing methods as a business.