Tax Calculations
When determining tax amounts, Unit Trac applies the appropriate tax based on your settings and rounds at the invoice item level before summing across the entire invoice.
Invoice Item | Amount | Tax Rate | Tax Before Rounding | Tax After Rounding | Total |
---|---|---|---|---|---|
Rent | $57.50 | 6.75% | $3.7375 | $3.74 | |
Lock | $15.00 | 6.75% | $0.975 | $0.98 | |
Total Tax Amounts | $4.72 | ||||
Subtotal | $72.50 | ||||
Total | $77.22 |