Retail Back Office: Tax Report

Retail Back Office: Tax Report



Navigation: Log into the Back Office for your Retail Store, then select Reports > Tax

The Tax Report page displays taxes paid from the Retail Store based on the type of Tax.

Select the Time Period, then click Apply. The below table containing the following columns is populated:

  1. Tax Name: The Name of the Tax (previously defined).
  2. Tax Percentage: The percentage (%) amount to be taken out of Sales.
  3. Net Sales: The value of the formula = Gross Sale - Tax - Gross Void (or Net Void + Void Tax) - Discount - Discount Tax - Void Discount - Void Discount Tax
  4. Tax Amount: The amount after the Tax Percentage is taken from the Net Sales.
  5. Tax Exempt: This amount (in currency) exempt from Tax
  6. Total: The sum of values in the Tax Amount and Tax Exempt columns.
  7. Rounding Off: Any amount being rounded off from the Tax Amount column.