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  2. Reports

Tax Summary Report

PreviousSales Tax ReportNextRetail Sales Tax Report

Last updated 1 year ago

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The Tax Summary Report in CW POS provides a summary of taxes collected during a specific period of time. The report includes the following columns:

  • Tax Category: This column shows the category of the tax collected.

  • Tax Type: This column shows the type of tax collected.

  • Tax Rate: This column shows the rate at which the tax was collected.

  • Tax Amount: This column shows the total amount of tax collected for each tax category and type.

  • Taxable Amount: This column shows the total amount of taxable sales for each tax category and type.

The Tax Summary Report helps businesses track and analyze their tax collections and liabilities, which is important for compliance with tax regulations and accurate financial reporting.