Akaunting 3.1.18 Update: Smarter Tax Calculations and Currency Fixes
Reading Time: 2 minutesAkaunting 3.1.18 Update brings behind-the-scenes improvements that make your accounting workflow even more reliable. This update focuses on currency setup, recurring transaction accuracy, and tax handling, ensuring your data remains consistent and transparent.
Below are the recent updates:
🧾 Fixed: Tax Summary Report for Connected Transactions
We have refined the tax calculation method for connecting transactions. When a transaction (income or expense) is connected to an invoice or bill, any tax added to the original transaction is invalidated. Instead, the tax amount is added to the total and removed from the split lines.
When connecting invoices or bills to a new transaction, taxes are already defined in the invoices or bills. Therefore, any tax added to the new transaction is automatically included in the total amount.
This update ensures tax reporting reflects the correct source of tax.
Users are notified of the behavior change via clear warning messages.
💰Fixed: Currency Wizard Issue
Some users encountered a validation error while setting up new currencies using the wizard—specifically, the “decimal mark” field was incorrectly marked as required. This issue has been fixed by removing the unnecessary requirement.
🔁 Fixed: Recurring Transaction Tax Inclusion
Previously, taxes added to recurring templates (like invoices, bills, or transactions) were not carried over to the generated records.
With this fix, the taxes are now accurately included each time a recurring document is created, helping you maintain compliance and financial accuracy.
✅ Summary
These enhancements might be subtle, but they ensure better compliance and reduce friction in your financial workflows. From accurate recurring tax handling to smoother currency setup and transparent tax logic, Akaunting 3.1.18 helps you maintain clean, consistent records with less guesswork.
On-premise users can update to the latest version 👉 Akaunting 3.1.18
