Royal alpha 6000ML - Page 62

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Example 8
Setting:
GST = 5% (NON TAX LIMIT PRICE = 100)
PST1 = 10% (NON TAX LIMIT PRICE = 100)
PST2 = 20% (NON TAX LIMIT PRICE = 100)
PST3 = 30% (NON TAX LIMIT PRICE = 100)
TAX LIMIT: GST
NON TAX ON TAX
DEPT#001: Negative department with GST
DEPT#002: Negative department with GST + PST1
DEPT#003: Negative department with GST + PST2
DEPT#004: Negative department with GST + PST3
GST AMOUNT = GST sales total x GST
PST1 AMOUNT = PST1 sales total x PST1
PST2 AMOUNT = PST2 sales total x PST2
PST3 AMOUNT = PST3 sales total x PST3
************************
* YOUR RECEIPT *
* THANK YOU *
* *
************************
19:17 04-12-2021
MC NO.1234 0066
CLERK01
DEPT#001 *-1.00T1
DEPT#002 *-2.00TX
DEPT#003 *-3.00TX
DEPT#004 *-4.00TX
------------------------
SUBTOTAL *-10.00
TAX1 *-0.50
TAX2 *-0.20
TAX3 *-0.60
TAX4 *-1.20
TOTAL-TAX *-2.50
------------------------
TOTAL *-12.50
CASH *-12.50
--> GST AMOUNT = (-100 + (-200) +(-300) +(-400)) x 5% =-50
--> PST1 AMOUNT = (-200) x 10% = -20
--> PST2 AMOUNT = (-300) x 20% = -60
--> PST3 AMOUNT = (-400) x 30% = -120
NOTE:
The absoluete value of all the above taxable amounts is over
The LIMIT PRICE. Therefore all the TAX should be calculated.