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Within Accredo, GST amounts are calculated and rounded for the total document, going through each line.
The following example shows how GST is calculated and rounded for 4 product lines:
Line No |
Price |
GST Calculated |
Amount Carried Over |
Total |
Rounded |
GST Displayed |
1 |
$0.03 |
$0.0045 |
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2 |
$0.03 |
$0.0045 |
$0.0045 |
$0.009 |
$0.01 |
$0.01 |
3 |
$0.03 |
$0.0045 |
$0.001 |
$0.0055 |
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4 |
$0.03 |
$0.0045 |
$0.0055 |
$0.01 |
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$0.01 |
This ensures that GST is correctly calculated for the net amount of the entire document.