Please enable JavaScript to view this site.

WebOffice  2.66 Complete Guide

Navigation: Reports & Statistics > Purchase > Purchases

Amount calculation for Card fees.

Scroll Prev Top Next More

This section describes the way Card fee taxes are calculated:

If the Vat1 to Vat4 amounts are known:

Net Amount = Amount - Vat1 - Vat2 - Vat3 - Vat4 - Rounding – Overpayment.

If Vat1 to Vat4 are unknown:

The purchase amount is built up from three amounts:

Net Amount – The amount for the time purchased.

VAT – The value added tax on the Net Amount (displays the percentage VAT for this article).

Card Fee – The additional fee over Net amount.

The purchase amount listed in WebOffice (the Amount field) equals to Net Amount + VAT + Card Fee.

If no card fee is used the net amount and the amount will be equal.

Note:
The VAT column displays the percentage VAT for this article expressed in 100 times the percentage.  E.g., 2500 mean 25%.  This field does not show the actual VAT paid.
CA0BCB~1_img135

Example involving all fields:

Tariff description:

Parking Fee is $1.00/hour.

City Tax VAT1 is 5%.

County Tax VAT2 is 15%.

Card Fee is $1.00.

Scenario:

Customer chooses to buy 3 hours of parking and pays with coin.

This gives the following values:

Net Amount = 3 x $1.00 = $3.00.

City Tax VAT1 5% of $3.00 = $0.15.

Country Tax VAT 2 15% of $3.00 = $0.45.

VAT 3 = 0.

VAT 4 = 0.

Card Fee Amount = $1.00.

Total Value = $3.00 + $0.15 + $0.45 + $1.00= $4.60.

Rounding (down to nearest $0.50) = -$0.10.

The customer now must pay $4.50, but only has $1 coins, so they pay $5.00.

This gives the following values:

Amount paid = $5.00.

Overpayment = $5.00 - $4.50 = $0.50.