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#1
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figuring tax
I need some help configuring the function to figure tax on an invoice. need
to figure .0925% of just one line above the tax line. please help Jeff |
#2
Posted to microsoft.public.excel.newusers
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figuring tax
Hell, I would love to pay only .0925% tax! We pay 14%. Doe you wish to
calculate 9,25% tax, or really .0925% If the first, and say your tax line is in cell G10, then enter in G10 =G9*.0925, if you want the tax amount only. If you want the price plus tax, then enter =G9*1.0925 If it is really .0925%, then you would enter it as G9*.000925, or =G9*1.000925, but I believe it will be the first set of figures? -- Hth Kassie Kasselman Change xxx to hotmail "jesseok" wrote: I need some help configuring the function to figure tax on an invoice. need to figure .0925% of just one line above the tax line. please help Jeff |
#3
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figuring tax
On Tue, 21 Oct 2008 04:06:00 -0700, Kassie
wrote: Hell, I would love to pay only .0925% tax! We pay 14%. Doe you wish to calculate 9,25% tax, or really .0925% If the first, and say your tax line is in cell G10, then enter in G10 =G9*.0925, if you want the tax amount only. If you want the price plus tax, then enter =G9*1.0925 If it is really .0925%, then you would enter it as G9*.000925, or =G9*1.000925, but I believe it will be the first set of figures? And of course you have to go through the usual complication of rounding things correctly to meet the requirements of your whatever entity is imposing the taxes so that you don't wind up paying a big fine because you rounded to the nearest .01 instead of always up or always down, or some other rule that might be required. |
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