After you choose a tax engine, Billing uses tax policies and treatments to decide how
invoices are taxed. You can also capture a consolidated tax amount at the invoice header. Billing
then calculates tax and stores tax totals on the invoice.
Required Editions
- Override Addresses on Invoice Lines
When you separately bill certain order products of an account, you can specify different tax addresses on the invoices of those order products. This flexibility ensures accurate tax calculations and compliance with regional tax regulations because the tax address is important for calculating tax. Also, your customers benefit from the enhanced accuracy in their financial documentation.
- Tax Totals at the Line and Header Levels
Understand how Billing applies line-level and header-level tax amounts during balance calculation.
- Tax Calculation Process
Understand the tax calculation process for invoices.