Use our sales calculator to find out exactly how many activities you need to complete to earn the income you want. Our sales tax calculator will help you understand how much sales tax should be paid in each US state.
As a salesperson, your goal is to meet your sales target. To do that, you must accurately calculate your earnings. But how is sales calculated, and can you factor in all the criteria without being a mathematical genius? With Pipedrive’s pipeline management, Insights and reports features, you can predict your closing rates, calculate estimated revenue and see the sales that require your attention at a glance.
Your total revenue is the total income of all your activities across all channels. This metric is key to understanding how to price your goods and services.
Don’t worry, though. You don’t need a total revenue calculator to crunch those numbers. Instead, use the following formula:
| Price x sold units or service = your total revenue
Pipedrive’s sales calculator and sales tax percentage calculator give you an insight into how many prospects you need to contact and how much you need to earn to hit your mark.
The sales calculator even breaks down the results into required activities: phone calls, proposals and meetings.
Sales tax is a fee that most businesses must pay to their state or municipality on top of their earnings, which they pass to the customer at the point of sale.
Calculating sales tax can be complex because the rate depends on your location and what product or service you’re selling. In the UK, for example, sales tax is 20% across all regions, whereas in the US, sales tax varies between states.
No matter which state your business is operating in, the formula for calculating sales tax will be the same: product selling price x sales tax percentage.
Not sure how to calculate total revenue? Our free sales tax guide will walk you through the process, starting from when revenue is recognized. You’ll learn how to take sales tax into account, so you can determine and reach your concrete sales goals.