Understanding 'Tax Transactions'

1

Hi, I am new to using this program and have set up my tax codes (mainly GST). The tax amounts display correctly on the invoices ($9.09 GST on a $100 Inv) but in the tax transaction report they are displaying as 10% of the total sale…ie $10 (tax on sales) on a $100 total sale?

I’m not sure if I have done something incorrectly. Any help would be appreciated.

2

Manager enables entry of values tax inclusive or tax exclusive.
Change that check box on the invoice an see if it then behaves as you expect.
See
Tax Codes: Choose between tax-exclusive and tax-inclusive prices