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Accounting & Bookkeeping & Small Business Forum
Accounting, Bookkeeping, Marketing, and Small Business Resource
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Guest
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| Posted: Sun Apr 18, 2004 5:12 pm Post subject: Terms of Sale |
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| We're having a problem at work determing how to figure sales discounts. For example if we a have a sale of $3000- "2/10, n/30. After taxes the sale is $3210. So the debate we're having is determing if it's 2% of $3000 or $3210 and if it's for the subtotal should we exclude the taxes for the amount discounted. |
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Guest
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| Posted: Thu Apr 29, 2004 6:43 pm Post subject: RE: Terms of Sale |
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| jUST REMEMBER IF THE TAX IS 210.00 THAT IS WHAT THE STATE IS GOING TO EXPECT REGARDLESS OF WHEN YOUR CLIENT PAYS. TAXES ARE NEVER DISCOUNTED |
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