InkSoft order calculates tax on $103.30 as $8.54 and allows the system to charge the customer for the total of $111.84.

Payments pay on the per "item" tax calculated total of $111.84 - Incorrect

Invoices are recorded with the per "line-item" total $111.83 - Incorrect

Showing taxes on the Proposal and Orders lines as line-Item calculated taxes instead of % of total taxes. - Incorrect

Contact me asap if you need further assistance getting this confirmed and evaluated.

In Texas where we do business, and this order is delivered, the tax rate is 8.25% on the order total which should have been $111.82.

Correct Calculation:

Subtotal $103.30 x 0.0825 Tax Rate = $8.52225 rounded to $8.52

Subtotal $103.30 + Subtotal Tax $8.52 = $111.82

What is the reason for the $111.83 invoice in QBO but $111.84 payment discrepancy???

Looking into this further I calculated the tax per line item and then added the line totals and found that the total came out to $111.83.

Individual line items have taxes calculated and shown on them, but they should be a % of the total tax not calculated separately and added together.

$21.65 x 1.0825 = $23.436125 or $23.44 w/Each Item Tax

$21.65 x 1.0825 = $23.436125 or $23.44 w/Each Item Tax

$30.00 x 1.0825 = $32.475 or $32.48 w/Each Item Tax

$30.00 x 1.0825 = $32.475 or $32.48 w/Each Item Tax

Total of the per item totals with tax = $111.84