Understanding Taxable Sales Amount

In this article, you will understand what constitutes a taxable sale.

Use Case 1: What's the taxable sales amount for a $100 transaction with 10% off coupon and tax rate of 10%?

Taxable Sales Amount: $100

Use Case 2: What's the taxable sales amount for a $100 transaction paid $50 with credit card and $50 with gift card and tax rate of 10%?

Taxable Sales Amount: $100

Use Case 3: What's the taxable sales amount for a $100 transaction that was later refunded $100 and tax rate of 10%?

Taxable Sales Amount: $100

Use Case 4: What's the taxable sales amount for a $100 transaction that was later cancelled and tax rate of 10%?

Taxable Sales Amount: $0