I need to charge tax in 4 states
1. First, my own state
2. 3 Other States
I set the basis of charging tax to BILLING
I set up 4 Tax Zones for 4 different states and enter the tax rates as an example:
(these aren't the actual rates, just entered them here as an example.)
Now when I go to enter a new product, I click TAXABLE GOODS
and enter a price of say $100....it populates the taxable price below that as $125
Easy enough math here: it is adding up all the rates above (25%).
So the price should be $108 for NJ, $107 for Fl, etc
Can anyone explain why it is coming up as $125 in the product entry screen?