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Re: [ic] GST Calculation
Brett,
In this case, I would set the tax rate to 0 (no IC taxing) then where
appropriate
instead of the tax tag in your pages, use something like:
Tax: [currency][calc][subtotal noformat=1]/1.1[calc][/currency]
Not tested, but should work...
Kyle Cook
At 09:55 PM 6/13/01 , you wrote:
>It's the way the tax is presented to the consumer that is a little different.
>
>All item prices must already have GST included in them, but when producing
>the final
>invoice, the total GST on the invoice needs to shown on the total tax line.
>It's
>basically a reverse calculation, per the following example:
>
>Hat $10.00 (includes GST)
>Socks $15.00 (includes GST)
>GST $2.27 (total GST that was included in product prices)
>Total $25.00
>
>Therefore, I can't just use item prices that that ex-GST, and then just use
>"sales
>tax" to add 10%.
>
<SNIP>
