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Bill export tax calculations
Updated over 10 months ago

The Bill export field "Line Subtotal" calculates the pre-tax amount. Previously, it included the tax amount when the item is marked as tax-inclusive.

Why?

Procurify’s research shows that our customers want to calculate the pre-tax amounts easily. This also aligns with accounting best practices.

What does each column represent?

You can now get the full breakdown of pre-tax, tax, and post-tax amounts easily. These are all column names in the Bill export, and the tax calculation they refer to:

Column Name

Calculation

Line Subtotal

Pre-tax amount

Tax Amount

Tax amount

Line Cost

Post-tax amount

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