Dear All,
is it possible to calculate sales tax before discount applying on line item in purchase and sale invoice e.g.
Before discount item cost/sale price= 100
discount amount= 10
after discount item cost price =90
sales tax= 5%
sales tax amount = 5%*100 (before discount amount)= 5
net purchase and sale amount = 90+5 = 95
Thank you!
What you are looking for is Cash discount (7.25% VAT * 3):
Early payment discount in Canada (the Sales Tax has to remain the same)
Just curious, for what country is this for?
Did you find a solution for it?
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