When adding items to the store, there are fields for a net price and gross price. However, when I edit one the other changes to match it.
Does anyone know what the net price should be used for?
Thanks,
Sam
This is a discussion on Product Net Price vs. Gross Price within the osCmax v1.7 Discussion forums, part of the osCmax v1.7 Forums category; When adding items to the store, there are fields for a net price and gross price. However, when I edit ...
When adding items to the store, there are fields for a net price and gross price. However, when I edit one the other changes to match it.
Does anyone know what the net price should be used for?
Thanks,
Sam
The net price is the price pre-tax, and the gross price should be the price including tax.
If you have a product that you want to sell for $ 10.00, you would enter $ 10.00 as the net price.
If you lived in CT with a sales tax rate of 6%, your gross price would then be $ 10.00 + 6% = $ 10.60
:P
And this is useful why? Just curious...If the store is already configured to calculate the tax during checkout, what does this add for functionality?
Thanks in advance.
Laura
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