How is a line total calculated?
Each line is calculated in this order:
Quantity × price
Markup % is added
Discount % is applied to the marked up price
For example, 2 × 100 with 10% markup and 5% discount gives 2 × 110 × 0.95 = 209.00.
How are taxes calculated?
Each tax is a percentage of the sum of all line totals.
Multiple taxes are added separately, not on top of each other.
The grand total is the line totals plus all taxes.
What does my customer see?
Your view | Customer view and PDF | |
Price | Price before markup | Price including markup |
Markup | Shown | Not shown |
Discount | Shown as % | Shown as % |
Summary | Sub Total, Markup, Discount, Taxes, Total | Sub Total, Discount, Taxes, Total |
Markup is never shown to your customer as a separate line or column. It is added to the price, so it is included in the total price your customer sees.