Skip to main content
The Tax Rates Data Model represents the percentage at which an individual or corporation is taxed. This unified model provides a unified representation of tax rates across various accounting platforms.
  • Unified tax rate properties: Essential tax rate details, such as name, code, effective tax rate, and total tax rate, are standardized across different accounting platforms
  • Tax components support: The data model encompasses an array of individual tax components, enabling the representation of complex tax structures and relationships between components
  • Effective tax rate calculation: The model accounts for the compounding effects of all tax components, providing an accurate effective tax rate for each entry

​
Attributes

​
Tax Rate Attributes

PropertyTypeDescription
rootfi_idintegerUnique identifier assigned by Commenda for this tax rate
rootfi_created_atstringTimestamp when this record was created in Commenda’s system (ISO 8601)
rootfi_updated_atstringTimestamp when this record was last updated in Commenda’s system (ISO 8601)
rootfi_company_idintegerCompany identifier this tax rate belongs to within Commenda
platform_idstringUnique identifier for this tax rate in the source accounting platform
platform_unique_idstringAlternative unique identifier from the platform (some platforms provide multiple IDs)
namestringThe display name of the tax rate
codestringThe simple ID or code for the tax rate
tax_typestringThe type of tax as mentioned in the accounting platform
effective_tax_ratedoubleThe total tax rate after accounting for the compounding effects of all tax components
total_tax_ratedoubleThe sum of all the tax rate components
componentsarrayThe list of tax rate components
updated_atstringThe date and time the tax rate was last updated

​
Tax Components

The Tax Components Data Model complements the Tax Rates Data Model by providing detailed information about individual components of tax rates.

​
Tax Component Attributes

PropertyTypeDescription
namestringThe display name of the tax rate component
ratedoubleThe tax rate of the component
tax_agencystringThe tax agency of the tax rate component
is_compoundbooleanWhether the tax rate component is compound

​
Properties Supported

PropertyTypeDescription
platform_idstringThe Platform’s ID for the tax rate
namestringThe display name of the tax rate
codestringThe simple ID or code for the tax rate
tax_typestringThe type of tax as mentioned in the accounting platform
effective_tax_ratedoubleThe total tax rate after accounting for the compounding effects of all tax components
total_tax_ratedoubleThe sum of all the tax rate components
componentsarrayThe list of tax rate components
updated_atstringThe date and time the tax rate was last updated
{
  "rootfi_id": 25177,
  "rootfi_created_at": "2024-01-24T11:12:02.641Z",
  "rootfi_updated_at": "2024-01-24T11:12:02.000Z",
  "rootfi_company_id": 1109,
  "platform_id": "123456_1",
  "platform_unique_id": "123456",
  "name": "Inter State Exchange Taxes",
  "code": "GST",
  "tax_type": "sgst",
  "effective_tax_rate": 18,
  "total_tax_rate": 18,
  "components": [
    {
      "name": "Inter State Exchange Taxes",
      "rate": 18,
      "tax_agency": "igst",
      "is_compound": false
    }
  ],
  "updated_at": "2023-12-21T10:14:26.353Z"
}