TS1200MW User’s Guide
Programming Complex Tax Rates
Your cash register can manage complex tax rates and assignments. This
chapter explains how to set these up.
About Tax Systems
This chapter explains the more complex tax programming such as Table
Tax, Tax Limit, Canadian Tax System and VAT.
Many people do not need the detailed information in this chapter. If this
information does not relate to your business needs, you can skip it.
Price and tax calculations use the specified rounding method. For all
calculations creating a value with a longer decimal length than what the
current active setting is, the number is rounded accordingly to conform
with the setting. For more information, see System Options Settings on
page 53.
For example: If 5 gallons of gas are sold at a price of $2.669 per gallon, the
actual cost is $13.345. Because fractions of cents are not used, this is
rounded up to $13.35 if the method is 5/4 or UP.
USA Tax - Choosing Straight Add-On Rate or Table Tax
If you do not know your state's policies regarding collecting sales tax, or
you need to obtain your sales tax rate, contact your local government
office and ask for your local tax chart.
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