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  #7  
Old 07-16-2007, 11:18 PM
webbureau
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Posts: n/a
Default Re: Pay sales tax but not CHARGE them to customer

Wel... thanks for the help anyway, Cal....

I think that the better option is to enter the sales tax manually in
sales tax account....




On 16 jul, 19:10, Cal Learner-- MVP <via_newsgr...[at]please.tnx> wrote:
- quote -

> In microsoft.public.money,webbureauwrote:
> > Cal, I´m not good with mathematic... :-)

> That's what spreadsheets are for.
> > But... to do this, I have to make a lot of calculation in each
> > invoice. correct?
> > Is not more simple to just enter the sales tax manually in the salex
> > tax account?

> If you have an easier way, that's fine.
> Regarding VAT (Value Added Tax) support, enter VAT into the help of
> your version to see if there is information.
> > On 16 jul, 11:38, Cal Learner-- MVP <via_newsgr...[at]please.tnx> wrote:
> > > In microsoft.public.money,webbureauwrote:
> > > > With a invoice of $ 4500
> > > > I have to pay $491,85 of sales tax...
> > > > If I make a discount of 9,853%, the sales tax will be $443,39....
> > > > any other solution ??
> > > I assume your version is not VAT aware, so you are working around
> > > that.
> > > You could enter 4500*89.07% ~ 4008.15 as the pre-tax number.
> > > If you apply a 12.2712473% tax on that. You should get 4500.
> > > Add a note that the final price is the quoted price.- Ocultar texto entre aspas -

> - Mostrar texto entre aspas -



  #6  
Old 07-16-2007, 10:10 PM
Cal Learner-- MVP
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Posts: n/a
Default Re: Pay sales tax but not CHARGE them to customer

In microsoft.public.money, webbureau wrote:

- quote -

> Cal, I´m not good with mathematic... :-)

That's what spreadsheets are for.


- quote -

> But... to do this, I have to make a lot of calculation in each
> invoice. correct?
> Is not more simple to just enter the sales tax manually in the salex
> tax account?


If you have an easier way, that's fine.

Regarding VAT (Value Added Tax) support, enter VAT into the help of
your version to see if there is information.

- quote -

> On 16 jul, 11:38, Cal Learner-- MVP <via_newsgr...[at]please.tnx> wrote:
> > In microsoft.public.money,webbureauwrote:
> > > > With a invoice of $ 4500
> > > I have to pay $491,85 of sales tax...
> > > > If I make a discount of 9,853%, the sales tax will be $443,39....
> > > > any other solution ??
> > > I assume your version is not VAT aware, so you are working around

> > that.
> > > You could enter 4500*89.07% ~ 4008.15 as the pre-tax number.

> > If you apply a 12.2712473% tax on that. You should get 4500.
> > > Add a note that the final price is the quoted price.

  #5  
Old 07-16-2007, 10:05 PM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Pay sales tax but not CHARGE them to customer

In microsoft.public.money, webbureau wrote:

- quote -

> and.... what is the "VAT aware?" and how can I change this? is there a
> way?


It's a matter of versions, and I doubt there is a newer version for
you. You did not specify your version, but I doubt you are using one
of the US versions.


- quote -

> On 16 jul, 11:38, Cal Learner-- MVP <via_newsgr...[at]please.tnx> wrote:
> > In microsoft.public.money,webbureauwrote:
> > > > With a invoice of $ 4500
> > > I have to pay $491,85 of sales tax...
> > > > If I make a discount of 9,853%, the sales tax will be $443,39....
> > > > any other solution ??
> > > I assume your version is not VAT aware, so you are working around

> > that.
> > > You could enter 4500*89.07% ~ 4008.15 as the pre-tax number.

> > If you apply a 12.2712473% tax on that. You should get 4500.
> > > Add a note that the final price is the quoted price.

  #4  
Old 07-16-2007, 08:44 PM
webbureau
Guest
 
Posts: n/a
Default Re: Pay sales tax but not CHARGE them to customer

and.... what is the "VAT aware?" and how can I change this? is there a
way?


On 16 jul, 11:38, Cal Learner-- MVP <via_newsgr...[at]please.tnx> wrote:
- quote -

> In microsoft.public.money,webbureauwrote:
> > With a invoice of $ 4500
> > I have to pay $491,85 of sales tax...
> > If I make a discount of 9,853%, the sales tax will be $443,39....
> > any other solution ??

> I assume your version is not VAT aware, so you are working around
> that.
> You could enter 4500*89.07% ~ 4008.15 as the pre-tax number.
> If you apply a 12.2712473% tax on that. You should get 4500.
> Add a note that the final price is the quoted price.



  #3  
Old 07-16-2007, 08:43 PM
webbureau
Guest
 
Posts: n/a
Default Re: Pay sales tax but not CHARGE them to customer


Cal, I´m not good with mathematic... :-)

But... to do this, I have to make a lot of calculation in each
invoice. correct?
Is not more simple to just enter the sales tax manually in the salex
tax account?




On 16 jul, 11:38, Cal Learner-- MVP <via_newsgr...[at]please.tnx> wrote:
- quote -

> In microsoft.public.money,webbureauwrote:
> > With a invoice of $ 4500
> > I have to pay $491,85 of sales tax...
> > If I make a discount of 9,853%, the sales tax will be $443,39....
> > any other solution ??

> I assume your version is not VAT aware, so you are working around
> that.
> You could enter 4500*89.07% ~ 4008.15 as the pre-tax number.
> If you apply a 12.2712473% tax on that. You should get 4500.
> Add a note that the final price is the quoted price.



  #2  
Old 07-16-2007, 02:38 PM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Pay sales tax but not CHARGE them to customer

In microsoft.public.money, webbureau wrote:

- quote -

> With a invoice of $ 4500
> I have to pay $491,85 of sales tax...
> If I make a discount of 9,853%, the sales tax will be $443,39....
> any other solution ??


I assume your version is not VAT aware, so you are working around
that.

You could enter 4500*89.07% ~ 4008.15 as the pre-tax number.
If you apply a 12.2712473% tax on that. You should get 4500.

Add a note that the final price is the quoted price.




  #1  
Old 07-16-2007, 12:47 PM
webbureau
Guest
 
Posts: n/a
Default Re: Pay sales tax but not CHARGE them to customer

Bob, thanks for the help... but I already tryed that solution...
the problem is that this solution don´t work because with this
discount, we reduce the sales tax too....

look.

With a invoice of $ 4500
I have to pay $491,85 of sales tax...

If I make a discount of 9,853%, the sales tax will be $443,39....


any other solution ??

:-)


Regards



On 13 jul, 12:34, "Marilyn & Bob" <Priv...[at]nospam.please> wrote:
- quote -

> Give a discount of 9,853%. The numbers should work out.
> --
> Peace,
> BobJ
> "webbureau" <webbur...[at]gmail.com> wrote in message
> news:1184260811.289039.43870[at]m3g2000hsh.googlegroups.com...
> Hello all.
> I have a question. I've beem using Microsoft Money for several years,
> and now I start to make invoices from him to charge my clients. In my
> country, we do not charge the customer for the sales tax. At least,
> not in the invoice. When we set a price for a project, for example:
> 4.500, money calculates sales tax (in my case, 10,93%) and add them to
> the final price, creating a total value of 4.991,85. The problem is
> that I DON'T WANT THIS! I want to charge the client for the original
> price (4.500).
> I tryed to make a discount of 10,93%, but them money calculates this
> discount BEFORE applying sales tax... and then the sales tax is wrong
> (in that case, change to 438,09...).
> Is there anyway to solve this?? I want to track the sales tax, but can
> ´t do this... If I make a discount, the invoice will be with the
> correct value, but sales tax will be wrong. If I not make any
> discount, sales tax will be correct, but the final value of invoice
> will be wrong...
> Excuse for the english, I´m Brazillian.



 
Old 07-13-2007, 03:34 PM
Marilyn & Bob
Guest
 
Posts: n/a
Default Re: Pay sales tax but not CHARGE them to customer

Give a discount of 9,853%. The numbers should work out.
--
Peace,
BobJ

"webbureau" <webbureau[at]gmail.com> wrote in message
news:1184260811.289039.43870[at]m3g2000hsh.googlegroups.com...
Hello all.

I have a question. I've beem using Microsoft Money for several years,
and now I start to make invoices from him to charge my clients. In my
country, we do not charge the customer for the sales tax. At least,
not in the invoice. When we set a price for a project, for example:
4.500, money calculates sales tax (in my case, 10,93%) and add them to
the final price, creating a total value of 4.991,85. The problem is
that I DON'T WANT THIS! I want to charge the client for the original
price (4.500).

I tryed to make a discount of 10,93%, but them money calculates this
discount BEFORE applying sales tax... and then the sales tax is wrong
(in that case, change to 438,09...).

Is there anyway to solve this?? I want to track the sales tax, but can
´t do this... If I make a discount, the invoice will be with the
correct value, but sales tax will be wrong. If I not make any
discount, sales tax will be correct, but the final value of invoice
will be wrong...


Excuse for the english, I´m Brazillian.


  #-1  
Old 07-12-2007, 05:20 PM
webbureau
Guest
 
Posts: n/a
Default Pay sales tax but not CHARGE them to customer

Hello all.

I have a question. I've beem using Microsoft Money for several years,
and now I start to make invoices from him to charge my clients. In my
country, we do not charge the customer for the sales tax. At least,
not in the invoice. When we set a price for a project, for example:
4.500, money calculates sales tax (in my case, 10,93%) and add them to
the final price, creating a total value of 4.991,85. The problem is
that I DON'T WANT THIS! I want to charge the client for the original
price (4.500).

I tryed to make a discount of 10,93%, but them money calculates this
discount BEFORE applying sales tax... and then the sales tax is wrong
(in that case, change to 438,09...).

Is there anyway to solve this?? I want to track the sales tax, but can
´t do this... If I make a discount, the invoice will be with the
correct value, but sales tax will be wrong. If I not make any
discount, sales tax will be correct, but the final value of invoice
will be wrong...


Excuse for the english, I´m Brazillian.

 

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charge, customer, pay, sales, tax
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