In our state and county, we have a 4% state s/tx.
Our county has 3 separate 1% local option s/tx's for a total of 3% L/O, and 7% total sales tax.
Some items now such as grocery food items are now state s/tx exempt, but are still taxed by the county.
Posting expenses on an Excel worksheet has become difficult due to the different tax rates.
My Question:
Is there a way one can program different cells of the same column as to what percentage of tax should be calculated?
Column "B":
(B-7)=grocery item/state tax exempt but take a 3% county L/O s/tx.
(B-8)=pet food: State & County sales/taxed @ 7%.
How can I program cell (B-7) receive only a 3%, and cell (B-8) receive a full 7%?
I am currently using cell (B-5) as a subtotal cell, cell (B-4) as a 7% cell, cell (B-3) as a Local Option 3% cell and cell (B-2) as a gross expense cell.
There must be a better way for me to do this.
Thank you for your help.
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