Mannie Posted August 15, 2014 Share Posted August 15, 2014 Hi all... So i finally got my insurance yea!!!!! and i will be doing a few holiday sales. For those of you who have been selling, do you collect tax? how do you go about doing it? is it included in the price? Quote Link to comment Share on other sites More sharing options...
Guest OldGlory Posted August 15, 2014 Share Posted August 15, 2014 When I did shows, I found it easier to include the tax in the price. If my sales tax is 6% and I want to sell at a $5.00 price point, $4.72 + tax (.28) is $5. If I want to sell at $6.00, $5.66 + tax (.34) is $6.Then I just have to track how many $5 or $6 items I sold. It's much easier for customers. Quote Link to comment Share on other sites More sharing options...
Candybee Posted August 15, 2014 Share Posted August 15, 2014 I do something similar. I include the tax in the price. Since I do my sales taxes quarterly I figure it out, report it, and pay it then. Its so much easier than collecting change and using a register. On the other hand a register does the recording for you and gives out a receipt. So its up to you how you want to do it. Quote Link to comment Share on other sites More sharing options...
Dolphin146 Posted August 16, 2014 Share Posted August 16, 2014 I have also done the same thing Quote Link to comment Share on other sites More sharing options...
puma52 Posted August 16, 2014 Share Posted August 16, 2014 I include in the price also... Quote Link to comment Share on other sites More sharing options...
Mannie Posted August 16, 2014 Author Share Posted August 16, 2014 Thanks everyone. You all have been very helpful!!!!!! Quote Link to comment Share on other sites More sharing options...
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