The way taxes are shown on business invoices.
In printing business invoices the item includes tax but the total does not. It should be the other way around.
this is an example of how it should be done (or at least how it is done in the US).
item, quantity, price, tax, total
shoes| 1| $40| $2.64| $42.64
this is an example of how it is now
item, quantity, price, tax, total
shoes| 1| $42.64| $2.64| $40.00
I'm not sure why the invoicing is done this way but my feeling is it probably has something to do with the difference between US and European taxing systems.
3
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Francis Smith
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