Difference between revisions of "Tax in amount"
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(Created page with '== Tax in amount == "Tax in amount" setting is present in every payment gateway and it represents how tax amount is added or subtracted from payment amount. Example: Lets assume …') |
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| Line 5: | Line 5: | ||
When it is set to "Included": | When it is set to "Included": | ||
* User enters 10USD to amount field | * User enters 10USD to amount field | ||
* The | * The MOR adds 20% to user amount and sends 12 USD to payment gateway. | ||
* When user pays that amount (12 USD) using his payment gateway then notification is returned and users balance is topped by 10USD. | * When user pays that amount (12 USD) using his payment gateway then notification is returned and users balance is topped by 10USD. | ||
When it is set to "Excluded": | When it is set to "Excluded": | ||
* User enters 10 USD to amount field | * User enters 10 USD to amount field | ||
* | * MOR sends 10 USD to payment gateway | ||
* When user pays that amount (10 USD) using his payment gateway then notification is returned and users balance is topped by 8.33 USD (8.33 USD + 20% = 10 USD). | * When user pays that amount (10 USD) using his payment gateway then notification is returned and users balance is topped by 8.33 USD (8.33 USD + 20% = 10 USD). | ||
Latest revision as of 12:54, 24 January 2011
Tax in amount
"Tax in amount" setting is present in every payment gateway and it represents how tax amount is added or subtracted from payment amount. Example: Lets assume that user wants to pay 10 USD and has a tax = 20% (VAT).
When it is set to "Included":
- User enters 10USD to amount field
- The MOR adds 20% to user amount and sends 12 USD to payment gateway.
- When user pays that amount (12 USD) using his payment gateway then notification is returned and users balance is topped by 10USD.
When it is set to "Excluded":
- User enters 10 USD to amount field
- MOR sends 10 USD to payment gateway
- When user pays that amount (10 USD) using his payment gateway then notification is returned and users balance is topped by 8.33 USD (8.33 USD + 20% = 10 USD).
