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Multiple Payment Example
The following example may help to explain the function when Multiple Payment is used.
Invoice total |
Primary Tax |
Secondary Tax |
$1150 |
$70 |
$80 |
- If the client pays $575 which is 50% of the total, then the tax should be:
(50% of $70) |
+ |
(50% of $80) |
$35 |
+ |
$40 |
- Thus, the amount before tax is $575 - $75 = $500:
Amount |
Primary Tax |
Secondary Tax |
Total |
$500 |
$35 |
$40 |
$575 |