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Re: Cumulative Tax feature

On 7/9/07, Miguel Koren O Brien de Lacy <..hidden..> wrote:

Thanks Chris.

It could be handled as a single entry in the GL but of course it would be more
comfortable per invoice, automatically. The price normally includes this tax.


I am still not quite clear on a acouple of things:

1)  How exactly does this tax work?

Is it 4.5% on the first $20,000 and then 5% on the next $30,000?  Or
is it 5% on all your sales if above $20000?  Obviously this is
important to understand before discussing a solution.

Also, are there other taxes that are not included in the price?

Best Wishes,
Chris Traavers