Follow

TROUBLESHOOTING: TAX INCLUDED IN PRODUCT PRICE

If you advertise your product pricing as being "tax-included", you'll need to set up your product pricing in MJ Freeway to be at the pre-tax price.  MJ Freeway will then add the proper amount of tax on at the end of the sale.  You can figure out the pre-tax price as follows:

A = tax-included amount
B = tax percentage, i.e. .08 = 8%

pre-tax price = A/(1+B)

 

What you DON'T want to do is just create the product as having the tax-included price and turn off the sales tax calculation in MJ Freeway.  There are a number of reasons for this, including:

- your Quickbooks export will be wrong

- your sales tax report will be wrong

- receipts will show that the patient paid 0 sales tax, which is incorrect, the tax was just bundled in the price

- most states require that sales tax be explicitly stated on the receipt

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments