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Finances & Funds
Don’t we need a special cash register to itemize and add-on any sales tax due for each concession or fundraising sale?
No. On receipts received from familiar merchants such as WalMart, the actual amount of sales tax due is added to the price of the merchandise resulting in a new grand total. For AYSO, the Finance Department will calculate sales tax due from sales of merchandise and concessions by simply multiplying the appropriate tax rate for the state times the amount of revenue received from the sale.