Example of Beer Purchase with Sales Tax and Deposit

     Beer has VAT and a Bottle Deposit applied to the purchase price on the invoice. On the invoice, the amount for the beer is $34.40 but this amount INCLUDES a Bottle Deposit of $2.40 and VAT of $1.00, the adjusted case cost is $31.00. Creating a Tax Group that contains the VAT and Bottle Deposit, then applying it to the item will allow you to know exactly what the Net cost is for that item.

NOTE:  To Customers in British Columbia, Canada. You will need to create a Tax and Adjustment called Licensee Factor. Then create a Tax Group that includes the Licensee Factor tax and Goods and Services Tax (GST). Apply this tax group to your liquor items. This way when purchases are made, you can purchase at Gross amount (including tax and discount) and Optimum Control will net out the cost when entering the invoice.