Backfilling historical transactions involves transferring a record of past financial activities, such as sales, credit memos, and refunds, into Anrok. This process is crucial for maintaining accurate and up-to-date records of your economic exposures in different jurisdictions. It also ensures jurisdictions where you are already remitting accurately include all transactions that have occurred in their returns.
If you don’t have a compatible billing system, or if you have historical transactions recorded outside of your billing system, you can complete your company's historical backfillHistorical Backfill
The process by which Anrok receives your historical transactions to get an accurate picture of your global economic nexus exposure. This process can be completed automatically (the most efficient method) or manually. via a CSV import. When completing your backfill, keep in mind that the standard lookback period for US jurisdictions is 3 years, but some jurisdictions will go back as far as 5 years.
Import your historical transactions
You can begin importing your historical backfillHistorical Backfill
The process by which Anrok receives your historical transactions to get an accurate picture of your global economic nexus exposure. This process can be completed automatically (the most efficient method) or manually. file(s) into Anrok once you’ve formatted your historical transaction data into the Anrok backfill template.
Try backfilling your historical transactions manually in the demo above ☝️
- In the Anrok app , go to Data sources. Take me there!
- Select Import file, then drag and drop your CSV file or click Browse to upload.
- Once you see “ All looks good!”, click Continue.
- Under New products detected, select a corresponding Product type and Tax category for each product detected. See Select a tax configuration.
- If you'd like to assign a Product type and Tax category to multiple products at once, click the checkbox next to each product, then select Batch assign.
- When you are finished, scroll down and click Continue.
- When your transactions have finished importing, select Mark complete.
If you encounter any errors during the transaction import process, see how to resolve errors detected in a historical backfill.