Department Sales Report (Tax Included in Sales)

Posted by klawans on April 18, 2007, 10:58 am

Please log in for more thread options

I pulled a report called "Department Sales Report (Tax Included in
Sales)". The overall total for "Sales" matches all other reports.

There is another column in the report called "Sales (Tax Ex)". This
takes the sales figures (which does not include sales tax) and
subtracts Sales Tax. I don't understand what this figure represents?
What would this figure be used for? Why would anyone want to take
sales and subtract sales tax? (I could understand sales PLUS sales tax
to come up with the total amount tendered).

Any help would be appreciated.

Thanks!

Ken

Posted by Akber Alwani on April 19, 2007, 1:20 am

Please log in for more thread options

Hi,
The Sales (Tax Ex) should you the figure of real sales "excluding the tax
from it" then also this report showing you the actual tax charge to
particular sales. This will help you to track actual sales and tax payable.
Hope you understand this.

"klawans" wrote:

> I pulled a report called "Department Sales Report (Tax Included in

> Sales)". The overall total for "Sales" matches all other reports.

> There is another column in the report called "Sales (Tax Ex)". This

> takes the sales figures (which does not include sales tax) and

> subtracts Sales Tax. I don't understand what this figure represents?

> What would this figure be used for? Why would anyone want to take

> sales and subtract sales tax? (I could understand sales PLUS sales tax

> to come up with the total amount tendered).

> Any help would be appreciated.

> Thanks!

> Ken

Posted by Jeff @ Check Point Software on May 1, 2007, 4:38 pm

Please log in for more thread options

: quoted-printable

Ken,

This is primarily for people in other countries that have a VAT (Value =
Added Tax), where Tax is included in the selling price, not the price + =
tax as we do in the U.S.

--=20

Jeff=20
Check Point Software

=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D

You must be using Outlook Express/Windows Mail or some other type of =
newsgroup reader to
see and download the file attachment(s). If you are not using a reader, =
follow
the link below to setup Outlook Express. Click on "Open with =
newsreader"
under the MS Retail Management System on the right.

http://tinyurl.com/75bgz
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D

I pulled a report called "Department Sales Report (Tax Included in
Sales)". The overall total for "Sales" matches all other reports.

There is another column in the report called "Sales (Tax Ex)". This
takes the sales figures (which does not include sales tax) and
subtracts Sales Tax. I don't understand what this figure represents?
What would this figure be used for? Why would anyone want to take
sales and subtract sales tax? (I could understand sales PLUS sales tax
to come up with the total amount tendered).

Any help would be appreciated.

Thanks!

Ken

------=_NextPart_000_033B_01C78BF6.095E5020
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.6000.16414" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT color=3D#008000>Ken,</FONT></DIV>
<DIV><FONT color=3D#008000></FONT> </DIV>
<DIV><FONT color=3D#008000>This is primarily for people in other =
countries that=20
have a VAT (Value Added Tax), where Tax is included in the selling =
price, not=20
the price + tax as we do in the U.S.</FONT></DIV>
<DIV><BR>-- <BR><BR>Jeff <BR>Check Point Software</DIV>
<DIV> </DIV>
<DIV>=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D</DIV>
<DIV> </DIV>
<DIV>You must be using Outlook Express/Windows Mail or some other type =
of=20
newsgroup reader to<BR>see and download the file attachment(s).  If =
you are=20
not using a reader, follow<BR>the link below to setup Outlook =
Express. =20
Click on "Open with newsreader"<BR>under the MS Retail Management System =
on the=20
right.</DIV>
<DIV> </DIV>
<DIV><A=20
href=3D"http://tinyurl.com/75bgz">http://tinyurl.com/75bgz</A><BR>=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
<BR></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #008000 2px solid; MARGIN-RIGHT: 0px">
<DIV>"klawans" <<A=20
in message=20
<A=20
=
176908321.528466.25770@p77g2000hsh.googlegroups.com</A>...</DIV>I=20
pulled a report called "Department Sales Report (Tax Included=20
in<BR>Sales)".  The overall total for "Sales" matches all other=20
reports.<BR><BR>There is another column in the report called "Sales =
(Tax=20
Ex)".  This<BR>takes the sales figures (which does not include =
sales tax)=20
and<BR>subtracts Sales Tax.  I don't understand what this figure=20
represents?<BR>What would this figure be used for?  Why would =
anyone want=20
to take<BR>sales and subtract sales tax? (I could understand sales =
PLUS sales=20
tax<BR>to come up with the total amount tendered).<BR><BR>Any help =
would be=20
appreciated.<BR><BR>Thanks!<BR><BR>Ken<BR></BLOCKQUOTE></BODY></HTML>

------=