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39
BALANCING
FORMULAS
__________________________________________________________________
The following examples illustrate how totals are calculated for the management reports:
System Balance:
(+) DEPARTMENT 1
(+) DEPARTMENT 2
(+) DEPARTMENT 3
(+) DEPARTMENT 4
(+) DEPARTMENT 5
(+) DEPARTMENT 6
(+) DEPARTMENT 7
(+) DEPARTMENT 8
( - ) MINUS TOTAL
( - ) -% TOTAL
(+)
TAX
TOTAL
(=)
NET
SALES
(+)
NET
SALES
(+)
MINUS
SALES
(+)
-%
TOTAL
(+)
RETURN
TOTAL
(+)
VOID
TOTAL
(=)
GROSS
SALES
(+)
NET
SALES
(+) PREVIOUS GRAND TOTAL
(=) ENDING GRAND TOTAL
Media Balance:
(+)
NET
SALES
( - ) CHECK
( - ) CHARGE
(+) RECEIVED ON ACCOUNT
( - ) PAID OUT
( - ) PAYMENTS OUT
(=) CASH IN DRAWER
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Summary of Contents for ROYAL 110CX
Page 5: ...APPENDIX 1 CALCULATING STATE TAX TABLE CODES 49 abcoffice www abcoffice com 1 800 658 8788 ...
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Page 58: ...APPENDIX 1 CALCULATING STATE TAX TABLE CODES 49 abcoffice www abcoffice com 1 800 658 8788 ...
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