This article will explain the difference in profit calculated with include and exclude taxes

I. Configure Profit Tax Calculation

Step 1. Go to setup-more menu-module

Step 2. Select the report tab

You can select Include or exclude Tax



Include Tax

Include tax means that the profit from the total sales + tax transaction will be reduced by the cost

Exclude Tax

Exclude Tax means that profit comes from Sales at less cost, sales + tax will not be calculated

Examples include tax


Examples Exclude Tax


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