Not having the full table, I can't answer the question definitively, but from 
what you have there, it looks like Maryland is rounding up any fraction of a 
penny whatsoever.  (Quickbooks probably rounds to the nearest penny.)

I don't know what formula syntax Quickbooks may use, but in Excel (2000) it 
would be the use of the formula ROUNDUP() instead of ROUND().  

TAX=ROUNDUP(SALE*0.06,2)

Do you even have access to the sales tax formula in Quickbooks, or is it "hard 
wired" into the code?

Fred Holmes

At 01:35 PM 12/29/2007, Reid Katan wrote:
>MD says, for instance, that the tax on $1.01-$1.16 is $.07.  
>Quickbooks, however, says that $.07 tax is between $1.09-$1.24.
>
>Is there any way to make Quickbooks conform to Maryland's math?
>
>Thanks
>
>Katan


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