Tax Rules are instructions to BillMax possibly to increase or decrease the amount of a Sale
subject to tax. BillMax supports the following Tax Rules:
- A monthly exemption. This is applicable in Texas where the first $25.00 per month of all
Internet Access services sold to a customer is non-taxable. All Sales in excess of $25.00
are taxed. BillMax tracks this by month and makes the appropriate adjustments when Sales,
Sales Returns, Store Credits and Store Credit Reversals are invoiced for an Account.
- A percentage exemption. This is used when sales are subject to a particular tax, but
because of the nature of the sale, the whole amount is not subject to tax. For example,
90% of a sale might be subject to tax. 10% is exempt.
- A monthly maximum. This is the converse of the monthly exemption. Only a certain amount
for a particular good or service is subject to tax. Any amount over is not taxable.
