Calculating Discounts, Surcharges and Taxes

Here is the breakdown of how Rerun calculates discounts, surcharges and taxes on a payment stream or one-time payment:

A
Base Amount:
($)
$100.00     Total Item Value or Base Amount entered.
Discount:
($ or %)
 $5.00 Subtracted from Base Amount.
Credit Card Surcharge:
(%)
 2.50% Applied to discounted price but before tax is applied. (i.e. $100 - $5 = $95 * 2.5% = $2.38)
Tax 1:
(%)
5.00% Applied to the discounted price or base amount, if no discount is given, plus the credit card surcharge. (i.e. $100 - $5 = $95 * 2.5% = $97.38 * 5% = $4.87)
Tax 2:
(%)
0.00%  
Grand Total:
($)
$102.25 Total base amount or item total minus (-) discount plus (+) credit card surcharge plus (+) taxes.

 
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