Overview

The Tax object represent the taxes that are applied to the different Billable Concepts and are used by the Calculation Rules to calculate the billing.

 Types of Taxes

There are two types of taxes that can be used:

• Physical Tax: This tax are stored in the Database and can be reused in the different Calculation Rules. You can refer to this taxes with the getTax function in the Calculation Rule.
• Virtual Tax: This tax is created on the fly by the Calculation Engine and is not stored in the Database. You can refer to this taxes with the createTax function in the Calculation Rule.

Virtual tax should be used just in very specific cases where you need to apply a tax only on a specific Calculation Rule. Other wise, it’s recommended to create a Physical Tax.

 Tax Management

The Physical Taxes are managed leveraging on the standard Salesforce functionality to create/edit/delete records. You can find the Taxes tab in the Wattyo Billing application.

Tax Fields

The Tax object has the following fields: