DEALERSIP User Manual

Taxes are calculated on the Net Sale Amount (excluding the Trade-In Value) after deducting any discounts. The tax structure and calculations may vary depending on the country and region (province or state). Please contact your account manager to configure tax calculations according to your local tax requirements.

Special Case

If taxes are calculated on the margin, then entering the Net Buying Price is mandatory when recording a purchase. In this scenario:

• Dealer Buying Price can be determined through reverse calculations using the tax amount.
• If you prefer not to expose your buying price under any circumstances, you will need to forego profit tracking.
• For users who do not wish to track profits or taxes, the Dealer Buying Price can be set equal to the Sale Amount. This approach results in:
• A margin of zero.
• No taxes applied.