Allow 5 decimal points in product price field to facilitate targeted tax-included price
. For several of our bar items, we target a price including tax. For example, a can of beer is $3 including sales tax. This makes change-making easier.
Clover allows only 2 decimal places in the product price field. The sales tax rate field offers 7 decimal places. So to make my pricing work at quantities up to 100, I had to enter several different sales tax rates, to accommodate rounding at different target prices. While this solves my price problem, it creates a sales tax problem, as now my tax rate of collected sales tax will not equal the true sales tax rate of 7.75%. I have attached a spreadsheet for further illustration of the problem.
If you could change the price field to allow 5 decimal points, I will not have to enter bogus tax rates to achieve my targeted tax-included pricing.