Notice something different in your Management Console? We're rolling out our latest/greatest software version, so click here to see what's new!

Overview

This report will break down all the tax collected from your establishment. If you have multiple tax rates, it will help you separate them and show you how they were applied.

In the above example, if you notice the tax name “Tax” has a rate of 0.000, it means the tax was removed from the order when it was originally applied that tax rate. Also if you have surcharge taxed, it will also display here.

If you'll like to learn how to set up your taxes, please click here.

 

* The numbers in this column may slightly differ from the sales numbers on the Sales Summary report due to rounding issues arising from attempting to distribute order discounts across items sold at different tax rates or to back taxes out of tax included included products

 

** The rounding variance shows the difference in taxes reported from the Sales Summary and the taxes sorted by tax rate in the Tax Report. The Sales Summary reports on actual tax collected from customers on each order. The tax collected from a customer is the tax on sum total of sales calculated to the fourth digit and then rounded to the second digit. In order to break down taxes by tax rate, the Tax Report is run against taxes on individual items, calculated to the fourth digit, summed and then rounded to the second digit. These different calculations necessarily involve small differences due to rounding.

For example: Imagine an order of a single item with a tax of 4.4950. The customer will pay 4.50 in tax. Multiply that order times 10 and the Sales Summary will report 45.00 in total taxes collected. On the Tax Report these orders and items return a result of 44.95 (tax of 4.4950 x 10 items is 44.95 in total tax). In this example the rounding variance is .05. The example is extreme. Generally speaking these rounding variances even out.

 

Filters & Options

  • Open: Includes “open” orders into the tax report. An open order defines as an order that has not been closed on the POS station but may have received payment already.
  • Unpaid: Includes “unpaid” orders into the tax report. An unpaid order defines as an order that has received zero payment but may have items rung in it.
  • Irregular: Includes “irregular” orders into the tax report. An irregular order defines as an order in the reporting period may be duplicated in other reporting periods. A common cause of this is when an order open one day and closes another day thus causing data to be split amongst two days.
  • Date Range: Choose a date or date range you wish to view the tax report.

 

 

 


Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request
Still have questions? Contact our friendly Support team