Home Forums Support How do you total up gross taxable income?

This topic contains 9 replies, has 3 voices, and was last updated by  SentientAV 2 weeks, 3 days ago.

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  • #11781

    malon
    Participant

    Self hosted, 4.1.4

    The tax rate report doesn’t seem to total up the gross, just the tax amount. How would I go about finding the “gross taxable income” for 2017?

    Thank you!

    #11784

    Hillel Coren
    Keymaster

    In our next release we’re adding additional columns to the reports.

    https://trello.com/c/aHQ7C7M3/215-added-optional-columns-to-the-reports

    Until then you’d need to export the data to calculate the totals.

    #11785

    malon
    Participant

    Those screenshots do not indicate anything about totaling gross taxable income. Will that be included in the next update?

    #11786

    Hillel Coren
    Keymaster

    The tax report will have ‘Tax Amount’ and ‘Invoice Amount’ columns.

    #11787

    malon
    Participant

    Just to be clear…

    Invoice #1
    Service: Clean Computer $10 (non taxable)
    Product: USB Flash Drive $10 + $1 tax
    Invoice subtotal: $20
    Invoice total: $21

    Invoice #2
    Product: USB Flash Drive $10 + $1 tax
    Invoice subtotal: $10
    Invoice total: $11

    1. Gross Taxable Income: $20
    2. Total Taxes Paid: $2
    3. Gross Taxable Income + Tax Paid: $22
    4. Gross Total: $32

    To be clear, I’m looking for a way to calculate all 4 of the above, are all 4 of those doable in the upcoming update?

    #11788

    Hillel Coren
    Keymaster

    Thank for clarifying.

    This won’t be supported in the reports in our next release but we’ll keep it in mind for the future.

    #11805

    malon
    Participant

    Thank you for being honest.

    However, it is extremely important (for me) that this feature be implemented by next year. I have already totaled all my invoices up manually for this tax year (2017) and I do not want to go through that again next year.

    If you can say with certainty that those totals can be added by next year, I am happy to keep using and recommending Invoice Ninja, otherwise I will have to find a new invoicing software. Please don’t think of this as an attack “if you don’t add this feature, I will stop using it!”. I do not mean it as an attack, I simply only wish to explain my perspective for clarity.

    Please, oh please, can you guarantee that we can add this feature sometime in the next 12 months? I am a one person business, I have no employees and this software is perfect besides being unable to total up tax summaries.

    Whatever your may be, thank you for all the hard work you’ve put into Invoice Ninja.

    #11806

    Hillel Coren
    Keymaster

    Sorry, our policy is not to commit to features.

    That said, I agree this is important and we’ll certainly attempt to support it.

    #13267

    Hillel Coren
    Keymaster

    Are you still using the app?

    I’ve looked into it, it’s more complicated than it seems.

    #22362

    SentientAV
    Participant

    I am interested in reviving this topic. As a business I am requested every quarter to file and pay taxes on my sales & use taxes. I am trying to figure out a way to export a report that will give me the information I need to file my taxes without adding up each of the totals individually. Since this ticket was first created, has there been any progress made in creating these reports? Thank you for your help.

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