How it works
Total = subtotal × (1−discount/100) × (1+tax/100)
Input definitions
- Subtotal
- Enter the value in the labeled unit.
- Discount (%)
- Enter the value in the labeled unit.
- Tax (%) after discount
- Enter the value in the labeled unit.
A worked example
- Subtotal
- 200
- Discount (%)
- 10
- Tax (%) after discount
- 20
Assumptions & limits
Single currency; 2 fractional digits, decimal arithmetic and half-up rounding at final output. Estimates exclude taxes and fees unless explicitly entered.
Sources & review
Maintained by AnsRio. Methods and examples use automated checks; this does not imply independent professional certification.
Method updated 2026-10-17. Content checked against the stated method and examples. Our verification approach.
Common questions
Are tax, overhead and refunds included automatically?
Only the costs and rates explicitly entered or described in the formula are included. Use consistent currencies and periods, and check what your own accounting policy requires.
How does the Invoice total tool work?
Total = subtotal × (1−discount/100) × (1+tax/100).
What are the assumptions and limits of Invoice total?
Single currency; 2 fractional digits, decimal arithmetic and half-up rounding at final output. Estimates exclude taxes and fees unless explicitly entered.