Configure your Stripe account

Turn off Stripe's automatic tax calculation

Stripe's automatic tax calculation will block Anrok’s tax calculation from appearing on your invoice. It’s important to ensure automatic tax calculation is turned off on your Stripe account.

Try turning off Stripe's automatic tax calculation in the demo above ☝️

1. In the Stripe app , go to Tax settings. Take me there!
2. Under Automatic tax calculation, turn off the toggle    to Use automatic tax calculation.
3. This setting will only apply to Stripe subscriptions on a go-forward basis. For existing subscriptions, these need to be migrated to turn off Stripe automatic tax. Please contact support@anrok.com to assist with migrating your Stripe subscriptions to turn off automatic tax if applicable.
4. If you are using an integration, make sure your integration has automatic_tax[enabled]=false.

Archive your products default tax rates

Default tax rates on your products will block Anrok’s tax calculation from appearing on your invoice. You are required to archive any custom tax rates present on your Stripe products.

Try archiving a product's default tax rate in the demo above ☝️

1. In the Stripe app , go to Products, then select the Tax rates tab. Take me there!
2. Next to an    tax rate, click the options menu button , then select Archive tax rate.

Make your products tax exclusive or tax inclusive

Since tax rates can fluctuate, Anrok can only add tax on items that have a set base price. Anrok supports both tax-exclusive and tax-inclusive pricing in Stripe.

Try making products tax-exclusive in the demo above ☝️

1. In the Stripe app , go to Products. Take me there!
2. Click the options menu button    next a product, then select Edit product.
3. Under Price, deselect the checkbox    next to Include tax in price.
4. When you are finished, click Save product.

Create a rule to exclude tax from revenue (Optional)

Anrok adds tax as a line item on Stripe invoices, so by default, it will be included in any revenue counts or reporting done in Stripe. To adjust this, you can create a rule to exclude the tax line item by filtering for "Tax" in the line item description.

Try making a rule to exclude tax from revenue in the demo above ☝️

1. In the Stripe app , go to Revenue recognition, then select the Rules tab. Take me there!
2. Click Add rule, then under Rule details, add the following Information:
   • Name — add a rule name for internal use only.
   • Apply to — select Invoices.
   • Condition — select Line item description, contains all of the following, then enter Tax.
3. Under Revenue treatment, add the following Information:
   • Treatment — select Treat as tax.
   • Allocation — select 100%.
4. Under Effective period, select the following information:
   • Start — select All past dates.
   • End — select Indefinite.
5. When you are finished, click Save rule.

Create a "Tax" product for tax calculation mapping (Optional)

When Stripe applies Anrok's tax calculation as a line item, Stripe creates a one-time product that is immediately archived systematically. To make reconciliations easier, we recommend creating a "Tax" product in Stripe for Anrok to map its tax calculations. 

1. In the Stripe app , go to the Products tab, then click +Add product. Take me there!
2. Under Name, enter Tax. 
3. Under Pricing model, select Standard pricing.
4. Under Price, enter $0, then select One time.
5. Click Set as default price (if not already selected).
6. When you are finished, click Save product.
7. Provide the product ID to support@anrok.com so we can complete the product mapping process.

Add VAT IDs to your customer profiles

Adding a VAT IDVAT ID
Also known as a VAT registration number (VRN), this is the unique number that identifies a taxable business that is registered for VAT.Most businesses (and other persons carrying out an economic activity) are required to have a VAT number. to your customer records will be essential for tracking international economic nexus exposure. Once a VAT ID has been added, Anrok can use your customer's VAT ID to verify an invoice's taxability in a given country/region.

Try adding a VAT ID to a customer's profile in the demo above ☝️

1. In the Stripe app , go to Customers. Take me there!
2. Select a customer contact, then next to Details, click Edit.
3. Click the drop-down button    next to Billing information. 
4. Under Tax ID, select an ID type from the drop-down, then enter the customer's VAT ID.
5. When finished, click Update customer.