We have an ongoing arguement here in our office. We give our customers a % off for paying within terms. Peachtree can do that automatically. But it takes it off of the sales tax as well. However the amount of tax is not lowered to compensate for this when we pay the state. Shouldn't the discount be taken off BEFORE tax and not after? Is there a way to set Peachtree to do this? Is Peachtree wrong for taking a discount from the sales tax? What is the proper method?
No announcement yet.
Peachtree takes discount after sales tax. WHY???