# How to Read Your Tax Invoice

<figure><img src="https://3625998664-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FfS4dwIWWmBW5ZUO6Gdqv%2Fuploads%2F4Des1VF1y1KxAo6eYo5x%2Fimage.png?alt=media&#x26;token=9b033b6d-21d2-4521-9f10-47c4f6c2f709" alt="" width="311"><figcaption><p>Tax Invoice Sample</p></figcaption></figure>

{% file src="<https://3625998664-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FfS4dwIWWmBW5ZUO6Gdqv%2Fuploads%2FryyHyrhNzc03VfucEaUY%2FRaffleLink%20Invoice%20Sample.pdf?alt=media&token=669d103f-c6bb-44cc-a5c5-bc28c1eca458>" %}

### Understanding Key Lines

#### Total Raffle Revenue: $4,695.13

* This is the complete gross amount including:
  * Credit card sales through RaffleLink
  * Cash sales collected by your organization
  * Service fee contributions from buyers

#### Total Credit/Debit Card Sales: $4,430.00

* Represents all credit card transactions processed through RaffleLink
* These funds are held by RaffleLink until disbursement

#### Total Service Fee (including GST): -$243.65

* Calculated as 5.5% of total credit card sales
* In this example: $4,430.00 × 5.5% = $243.65
* Deducted from credit card sales

#### Raffle Service Fee Assistance: $190.13

* Donations received from buyers to help cover service fees
* Added back to your total

#### Total Amount Paid: $4,376.48

* Final amount transferred to your bank account

### Reconciliation Formula

To reconcile Total Raffle Revenue ($4,695.13):

1. Start with Total Amount Paid: $4,376.48
2. Add back Service Fee: +$243.65
3. Add any Activation Fees: +$0.00
4. Add Cash Sales collected separately: +$75.00 (calculated as difference)

$4,376.48 + $243.65 + $0.00 + $75.00 = $4,695.13 (Total Raffle Revenue)


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