To clarify how taxes are calculated on your receipts, let us look at an example: Initial situation: You have 5 items. Each of these items has a net price of $0.99 and are taxed at a rate of 19%, each of which corresponds to a gross amount of $1.18 ($0.99 * 1.19 = $1.1781 rounded … Read More
The Sector Report will give you a break out of Taxes, Revenue, and Commission Account totals, across all of the Economic Zones that you have available to your account. For more information about setting up Taxes you can refer to our Tax Setup manual page. Each line in the Sector Report represents a type of taxation … Read More
There are a few situations where it may be useful to change the Tax on a Receipt at the time of sale. In a Hospitality environment sometimes the Tax can change depending on a take-out or eat-in style order. Outside of that there are situations where you may have a party that is Tax free … Read More
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