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