Introduction
When starting the onboarding process, we understand you might not know which tax configurations to select for your product IDs. At this stage, you'll want to know how different tax codes will affect the taxability of your products, either on your own or with the help of an external accountant.
Anrok allows you to edit product tax codes during your account's onboarding or trial stage so you can explore historical exposure under various tax scenarios. The option to adjust your tax codes can be helpful for:
- Onboarding exposure estimation — New Anrok users can estimate their exposure during onboarding without fully committing to a tax configuration.
- External accountant consultation — External accountants can use the feature to help clients determine the proper product tax configuration.
Editing your tax configurations during onboarding will enable you to make informed decisions about tax configurations, which is vital for maintaining sales tax compliance within your company.
Tip
The ability to edit your tax configurations is only available before you have registered or submitted a registration within a jurisdiction. Once you've submitted a registration, you must archive and re-configure a product ID to update its tax configuration.
Edit a product ID's tax configuration
Before submitting your first registration in Anrok, you can edit your tax configurations to view how different configurations could affect your tax liability.
Try editing a product ID's tax configuration in the demo above ☝️
- In the Anrok app
, go to Product IDs. Take me there!
- Under Explore product tax assignments, click Edit tax configurations.
- Under Active product IDs, click the checkbox next to the product IDs you'd like to edit.
- Click Edit selected product IDs, then 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 Batch assign all products to the same product type and tax category.
- When you're finished, select Continue.
- Select Confirm changes, then click Apply changes.
Note
After selecting a new tax configuration, Anrok will reprocess impacted transactions using the updated configuration. A banner will appear in Anrok, indicating that exposure results may change. The reprocessing duration will vary based on the volume of impacted transactions. You can track Anrok’s progress on the Product IDs page.
- Once you see "
Tax configuration changes complete”, click View exposure results.