Gasboy CFN III Manager Manual V3.6 - Manual (Page 89)

MDE-4871 CFN III Manager’s Manual for Windows® XP Embedded - Version 3.6 · August 2010 Page 10-1
Tax Types Setting Up Tax Tables
10 – Setting Up Tax Tables
Tax Types
There are three tax types on the Site Controller:
• Each sales tax in most areas can be calculated as a percentage of the price of the items to
which the tax applies. For all or most tax percentage rates, you are able to simply specify
the tax rate and the rounding rule. These taxes are called type 0 on the Site Controller, and
they are the default type.
• Taxes that the law requires to be calculated according to a tax table are type 1.
• Type 2 taxes use a combination of percentage and tax table. The tax on the whole-dollar
amount of the price is calculated by multiplying by the tax’s percentage rate, and then a
table is used to calculate the tax on any remaining fraction of a dollar ($0.01-0.99) of the
price. For example, if the price of an item is $10.45, the tax on $10 would be calculated as
a percentage of $10, and the tax on the 45 cents would be looked up on a tax table by the
Site Controller.
You can configure the CFN3 application to recognize up to eight different taxes, depending on
what the law in your area requires.
Tax Accumulators
The Site Controller can have up to eight tax accumulators, which keep a running total of taxes
collected in up to eight categories. Most sites will probably use only one or two. The tax
percentages are specified in the Site Controller configuration. Taxes are assigned to products
with LOAD PRODUCT. Each time a taxable product is sold, the tax is calculated, charged to
the sale, and credited to the correct tax accumulator.
Cumulative tax totals are also maintained. The cumulative tax accumulators are reset by
RESET TOTALS;A or RESET TOTALS;I.