Example 1 - Account With Taxes Under Threshold
This example shows the bill for an account where the accumulated tax amount is less than the threshold amount. Since the accumulated tax amount of $10.50 is less than the threshold amount, taxes are not applicable and the account's bill should be adjusted to exclude the tax amount of $10.50.
Bill Line | Amount |
Standing Charge | 10.00 |
2,000 units @ $0.10 | 200.00 |
Tax @ 5% on $210.00 | 10.50 |
Total | 220.50 |
Adjusted Total | 210.00 |
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