- 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 Rates Attributes
| Property | Type | Description |
|---|---|---|
rootfi_id | integer | Unique identifier assigned by Commenda for this tax rate |
rootfi_created_at | string | Timestamp when this record was created in Commenda’s system (ISO 8601) |
rootfi_updated_at | string | Timestamp when this record was last updated in Commenda’s system (ISO 8601) |
rootfi_integration_type | enum | |
platform_id | string | Unique identifier for this tax rate in the source accounting platform |
name | string | The display name of the tax rate |
code | string | The simple ID or code for the tax rate |
rate | double | |
tax_type | string | The type of tax as mentioned in the accounting platform |
effective_tax_rate | double | The total tax rate after accounting for the compounding effects of all tax components |
total_tax_rate | double | The sum of all the tax rate components |
components | object | The list of tax rate components |
jurisdiction | string | |
status | enum | |
created_at | string | |
updated_at | string | The date and time the tax rate was last updated |
Properties Supported
Fields accepted when creating or updating a record:| Property | Type | Description |
|---|---|---|
platform_id | string | Unique identifier for this tax rate in the source accounting platform |
name | string | The display name of the tax rate |
code | string | The simple ID or code for the tax rate |
rate | double | |
tax_type | string | The type of tax as mentioned in the accounting platform |
effective_tax_rate | double | The total tax rate after accounting for the compounding effects of all tax components |
total_tax_rate | double | The sum of all the tax rate components |
components | object | The list of tax rate components |
jurisdiction | string | |
status | enum | |
created_at | string | |
updated_at | string | The date and time the tax rate was last updated |