Daily Discount Rate

Daily Discount Rate

If you add sales tax to the total before adding Non-Cash Adjustment, use this chart to calculate the daily discount.

For example:

$100 + 4.0% NCA = $104.00

$100 * 5% sales tax = $105.00

$105 * 3.81% (Daily Discount Rate) = $4.00 collected

$105 * 3.81% (Flat Rate) = $4.00 collected

 

If you add sales tax to the total after adding Non-Cash Adjustment, use this chart to calculate the daily discount.

For Example:

$100 + 4.0% NCA = $104.00

$104 * 5% sales tax = $109.20

$109.20 * 3.66% (Daily Discount Rate) = $4.00 collected

$109.20 * 3.66% (Flat Rate) = $4.00 collected


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