Yea, we can process 4 different tax rates, and always list them separately.
The exception is in locations where tax is included in the price: bars that take a lot of cash tend to want to make everything even dollars, or quarters at the most, so that bartenders don’t have to make a lot of change, and can work quickly.
In these situations, we have to do the calculation backwards after the fact, but it’s still tracked as a separate tax in software.
Is that why sales tax is always on its own line on the receipt and it’s own account number on the trial balance?
Yea, we can process 4 different tax rates, and always list them separately.
The exception is in locations where tax is included in the price: bars that take a lot of cash tend to want to make everything even dollars, or quarters at the most, so that bartenders don’t have to make a lot of change, and can work quickly.
In these situations, we have to do the calculation backwards after the fact, but it’s still tracked as a separate tax in software.