Tax & Credit Card Machine Charge

Discussion in 'Accounting and Taxes' started by mikegtc, Jun 19, 2014.

  1. mikegtc

    mikegtc
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    Question to all who would like to reply
    How do i add tax as well credit card machine charge for example
    Im selling handmade soap each bar (wholesale) cost 1.80 plus tax 20cents so all together 2$ a bar shipping is free over 30$ of purchase
    Tax is 8.1% were i live.
    Also the credit card machine charges 1cent per dollar i sell.

    so was was wondering how do i tally this all up lets say with and without shipping charge. thank you
     
  2. neoh

    neoh
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    You either answered your own question, or I am misinterpreting the question.

    What is it you are trying to tally? What is the tally for? Are you looking for a margin? Are you curious what you should charge people?
    Elaborate. ;)
     
  3. mikegtc

    mikegtc
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    lol oh man im sorry i dont have the credit card machine yet but i just realized that it will prob deduct the cent per dollar charge automatically (brain dead) sorry i think i got it thanks for replying anyway
     

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