total by stock

[he]

mr dale,
i set my tax rate to 20%.
price includes tax.
here is my question:
an item with price of 600 usd.
after i enter in purchase i see reports like that.

total by stock
500.00
where is gone 100.00?

[Dale Harris]

He,

Actually if your sell 600 worth of stuff including 20% tax then the program should report that you have sold 480. You have sold 480 in merchandise and since you are a really swell guy who loves his country have collected 120 for your local tax buddies.

But your cut is 480, and that is what the program reports.