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Calculate tax after discount
Ram13
Member Posts: 1
I need to calculate tax after discount. How can it be done. Currently when i add a item as discount along with the tax rate it gives - ve amount due. Pls let me know what to do
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Well, you can't automatically calculate discounts in Wave, so you'll just have to make up your total first, figure out the amount of your discount based on that amount and add it to the invoice. So if you have a $100 invoice after taxes, you would add a $10 discount if your discount was meant to be 10% after taxes.