Partial Dollar Sales Tax

Jul 11, 2007 1 Replies

I have a question for the U.S. users of RMS.



Has anyone ever encountered a sales tax district (state, county, etc) which uses a partial-dollar sales tax structure, so that you would be required to setup and maintain the Partial Dollar table in the Store Operations Sales Tax data?



I'm trying to write up a requirements document for a third-party sales tax system (looking at Vertex, CCM, and Avilera), and I'm trying to determine if we need to include a requirement for partial dollar sales tax information. I've never seen anyone who uses it, and I'm wondering if this is some remnant of QuickSell which is not relevant in a US-based business.


YES! Florida does have sales tax structured that way, although most people (and POS devlopers) are not aware of the fact. The partial dollar tax comes from a lookup table and is not based on a straight percentage. When you get audited by the state department of revenue, THEY know about it. It gives them a last shot at collecting some money from you if they can't find anything else ;). This is one reason I am using RMS, as almost no other POS programs can handle the sales tax correctly.

Marc

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required