The subtotal is the base used to compute percentage discounts and sales tax. Discounts can be applied before or after tax depending on local rules — Glo Invoice handles both.
Short definition. The sum of all line items before tax, discounts, or fees.
Category. Subtotal is a invoicing term used by service businesses when billing customers.
How Glo Invoice handles it. Glo Invoice builds subtotal into the invoice itself, so you don't track it on paper or in a spreadsheet.
Frequently asked questions
What does subtotal mean?
The subtotal is the base used to compute percentage discounts and sales tax. Discounts can be applied before or after tax depending on local rules — Glo Invoice handles both.
Related terms
Invoice — A document a business sends a customer requesting payment for goods or services.
Sales tax — A tax on the sale of goods (and sometimes services) collected from the customer at checkout.
Discount — A reduction in price offered to a customer.
