[closed] I calculated taxes wrong

[oliiix]

Hello There 🙂

I'm currently trying to investigate wrong prices for my merchant customer group. So I started at the very beginning, the price tab when editing products. Not sure if I'm calculating this incorrectly, or if there's a bug in my 1.1.0 shop.

My tax in the shop is set to 13%

Example: I set the retail price with tax to 20 Euro and it shows the pre-tax price as 17.699115, when it should actually be 17.4? Or is my calculation (20-(20/100*13)) wrong? If so I'll further investigate this, otherwise glad it was my mistake 😄

Thanks for a quick answer!

Oli

Edited January 21, 2021 by oliiix

[30knees]

I think your calculation is wrong 🙂

https://www.mehrwertsteuerrechner.de/

You can enter 13% and check. 🙂 It's 17.70.

[led24ee]

With tax this price is already 113% and not 100%. And then 100% is 17.699115 .... (20 / 1.13). And don't worry. This mistake is very common. It is important to understand percentage calculations.

[sabajjj]

THANKS