| Term |
Example (TAX Exclusive) |
Example (TAX Inclusive) |
Comment |
|---|---|---|---|
| Item 1 Original Price | $ 100.00 | $ 100.00 |
Original Selling Price |
| Item 1 Discount | 10% OFF |
10% OFF |
Discount by percentage |
| Item 1 Sales Price | $ 90.00 | $ 90.00 |
Price of item after item discount |
|
Item 2 Original Price |
$50.00 |
$50.00 |
Original Selling Price |
|
Item 2 Discount |
$5.00 OFF |
$5.00 OFF |
Discount by Value |
|
Item 2 Sales Price |
$45.00 |
$45.00 |
|
|
Gross Sales (as known as Item Gross Sales) |
$ 135.00 | $ 135.00 |
|
|
Service Charge (%) (Tax Before Discount) |
10% | 10% |
by Percentage only |
|
Gross Service Charge (Tax Before Discount) |
$ 13.50 | $ 13.50 |
|
| Gross Sub Total | $ 148.50 | $ 148.50 |
Gross Sales + Gross Service Charge |
| Bill Discount (%) | 20% | 20% |
by Percentage only |
| Bill Discount | $ 29.70 | $ 29.70 |
Note: Bill Discount & Item Discount are different. |
| Items Sales |
$ 121.5 |
$ 121.5 |
Item Gross Sales - Bill Discount |
|
Net Sales |
$ 108.00 |
$ 108.00 |
Total Sales after Bill Discount (for TAX inclusive, this will include the TAX) |
|
Net Service Charge (Tax Before Discount) |
$ 10.80 |
$ 10.80 |
Service Charge after Bill Discount (for TAX inclusive, this will include the TAX) |
|
Net Sub Total |
$ 118.80 |
$ 118.80 |
Gross Sub Total - Bill Discount |
|
GST (%) (Tax) |
7% | [ 7 % ] |
|
|
GST (Tax) |
$ 118.80 * 7% = $ 8.32 ( 8.316 ) |
$ 118.80 * 7% / 107% [ $ 7.77 ($7.772) ] |
|
|
Net Sales (without TAX) |
$ 108.00 |
$ 100.93 |
|
|
Net Service Charge (without TAX) (Tax Before Discount) |
$ 10.80 |
$ 10.10 |
|
|
Net Sub Total (without TAX) |
$ 118.80 |
$ 111.03 |
|
| GROSS | $ 127.12 |
$ 118.80 |
|
| ROUNDING [#1] | $ 127.00 | $ 119.00 |
Round to $0.50 |
| TENDER | $ 200.00 | $ 200 |
Amount of Money Given by Customer to Cashier |
| CHANGE | $ 73 | $ 81.00 |
Amount of Money Return by Cashier to Customer |
| RECEIVED / PAYABLE | $ 127.00 | $ 119.00 |
Actual Amount of Money Received by Cashier |
| Over Pay / Short Pay | - $ 0.12 | $ 0.20 |
Amount of Money Received different from GROSS If +ve is known as Over Pay If -ve is known as Short Pay |
Note
#1 - The Rounding rule for RECEIVED amount can be changed - http://support.foodzaps.com/solution/articles/5000646734-q-how-to-configure-rounding-for-billing-total-