Considerations for Printing Taxes on Invoices

When taxable amounts are included on the invoice, the Print Tax Amounts processing option on the Invoice Print program (R03B505) is not taken into consideration.

If this processing option is blank and was taken into consideration, the system would incorrectly calculate an invoice of 1000.00 with 210.00 tax as follows:

• The invoice amount is 1210.00.

• The tax amount is 210.00.

• Adding the invoice and tax amounts produces a total of 1420.00

With the processing option disregarded, the system correctly calculates an invoice of 1000.00 with 210.00 tax as follows, regardless of the processing option setup:

• The invoice amount is 1000.00.

• The tax amount is 210.00.

• Adding the invoice and tax amounts produces a total of 1210.00.