Overview
You can now choose how ShopView rounds sales tax. The choice is made per location: open Settings, then Locations, edit the location, and find the rounding option beneath the Taxes section. If your invoices reconcile a penny off against your accounting team's numbers, this setting is the fix.
The two methods
Line by line (default)
Rounds each taxable line to the cent and adds those cents up, exactly as ShopView has always done.
Invoice total (new)
Adds the taxable amounts up first and then rounds once for each tax rate, so invoices carrying GST and PST, or several stacked rates, still add up rate by rate.
How big is the difference?
The two methods differ by about a cent, and it can land on either side. On an $80.67 subtotal at 8%, the tax is $6.46 line by line and $6.45 on the invoice total. On $18.54 at 9.75%, it is $1.80 line by line and $1.81 on the invoice total.
What switching does and does not change
Nothing changes until you switch it. Every existing and new location stays on Line by line.
Invoices you have already sent keep the rounding they were billed with.
Credits follow suit, so crediting a customer returns exactly the tax that was charged.
If you sync to QuickBooks
QuickBooks rounds line by line. If you choose Invoice total, a synced invoice can show a $0.01 balance to clear by hand. ShopView will warn you when you select Invoice total. This is why Line by line remains the default.
FAQ
Which method should I pick?
If you sync to QuickBooks, stay on Line by line. If your invoices carry stacked rates like GST and PST and you want the invoice to add up rate by rate, or your accounting team reconciles against a total rounded calculation, choose Invoice total.
Does switching affect invoices I already sent?
No. Invoices you have already sent keep the rounding they were billed with, and credits return exactly the tax that was charged.