Enter the price of the item(s), tax rate, and any additional fees or charges into the calculator to determine the total amount due.

## Point Of Sale Formula

The following formula is used to calculate the total amount due in a Point Of Sale (POS) system.

T = P + (P * T) + F

Variables:

- T is the total amount due ($) P is the price of the item(s) purchased ($) T is the tax rate (decimal) F is any additional fees or charges ($)

To calculate the total amount due, multiply the price of the item(s) purchased by the tax rate and add this to the original price. Then, add any additional fees or charges.

## How to Calculate Point Of Sale?

The following steps outline how to calculate the total amount due for a Point Of Sale using the formula T = P + (P * T) + F.

- First, determine the price of the item(s) purchased ($).
- Next, determine the tax rate (decimal).
- Next, determine any additional fees or charges ($).
- Next, insert the values into the formula T = P + (P * T) + F.
- Finally, calculate the total amount due (T).
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem:**

Use the following variables as an example problem to test your knowledge.

price of the item(s) purchased ($) = 50

tax rate (decimal) = 0.08

any additional fees or charges ($) = 5