Tax is a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
Discount is a deduction from the usual cost of something, typically given for prompt or advance payment or to a special category of buyers.
This article will show you how you can changes the tax calculation, based on after or before discount.
Table of Content :
I. Configure Tax Calculation
Step 1. Go to Setup - Select Module Configuration on More Menu
Step 2. Go to Sell Section, then Find "Tax Calculation"
Step 3. Changes Default Tax Calculation, then Save
II. Make a Transaction to See the Result
As you can see the tax is calculated before final price get discount.
People also read these articles :
To create single or multiple tax : Create Single Tax and Multiple Tax
To view tax report : Tax Report
To calculate profit & tax : Profit Tax Calculation
