Objective:
- Order of operations for discounts and taxes on an invoice.
- Credit notes apply before taxes?
Environment:
- Clio Web App
Additional Information:
Discounts are applied proportionally across line items and tax is applied to each line item after the discount is taken.
Answer:
Discounts get applied before Taxes are calculated. Credit Notes are applied last, as they are considered a type of "payment", albeit a non-revenue-generating payment.