Receipt Calculator
Use this calculator to determine the final cost of a purchase, including discounts, sales tax, and shipping fees. It's perfect for verifying receipts, planning purchases, or understanding the breakdown of your expenses.
Calculation Results:
Discount Amount:
Subtotal After Discount:
Tax Amount:
Grand Total:
Understanding Your Receipt
A receipt calculator helps you break down the final cost of a purchase, ensuring you understand how each component—subtotal, discounts, sales tax, and shipping—contributes to the grand total. This is particularly useful for budgeting, expense tracking, or simply verifying the accuracy of a store's calculations.
How the Receipt Calculator Works
Our calculator takes several key inputs to provide a comprehensive breakdown of your purchase:
- Subtotal Before Discounts & Tax: This is the initial sum of all items you're purchasing, before any reductions or additions. If you have multiple items, you'd sum their individual prices (multiplied by quantity) to get this value.
- Discount Type: You can choose between no discount, a percentage-based discount (e.g., 10% off), or a fixed amount discount (e.g., $5 off).
- Discount Value: Depending on your chosen discount type, this will be the percentage or the fixed dollar amount to be subtracted from your subtotal.
- Sales Tax Rate (%): Enter the applicable sales tax rate for your region. This percentage is applied to the subtotal *after* any discounts have been taken.
- Shipping Cost: If your purchase involves delivery, enter the shipping fee here. This cost is typically added after all other calculations.
The Calculation Process
- Calculate Discount: If a discount is applied, it's first subtracted from the "Subtotal Before Discounts & Tax" to get the "Subtotal After Discount."
- Calculate Sales Tax: The "Sales Tax Rate" is then applied to the "Subtotal After Discount" to determine the "Tax Amount."
- Calculate Total Before Shipping: The "Tax Amount" is added to the "Subtotal After Discount."
- Calculate Grand Total: Finally, the "Shipping Cost" is added to the "Total Before Shipping" to arrive at the "Grand Total."
Example Calculation
Let's say you're buying items with a "Subtotal Before Discounts & Tax" of $150. You have a "Discount Type" of "Percentage" with a "Discount Value" of 15%. The "Sales Tax Rate" is 8%, and "Shipping Cost" is $10.
- Subtotal Before Discounts & Tax: $150.00
- Discount (15% of $150): $150 * 0.15 = $22.50
- Subtotal After Discount: $150.00 – $22.50 = $127.50
- Sales Tax (8% of $127.50): $127.50 * 0.08 = $10.20
- Total Before Shipping: $127.50 + $10.20 = $137.70
- Shipping Cost: $10.00
- Grand Total: $137.70 + $10.00 = $147.70
Using the calculator with these values will quickly confirm the "Grand Total" of $147.70.