CBMS ERP Account Taxcloud – Sale (coupon)

Manage discounts in taxclouds computations.
Manage discounts in taxclouds computations.
See https://taxcloud.com/support/discounts or
https://service.taxcloud.net/hc/en-us/articles/360015649791-How-can-discounts-be-applied-

Summary: all seller-provided discounts must be applied to the Sales Price before calculating sales tax.
Sellers should disclose their methodology to customers in a Discount Application Policy.

The algorithm is as follows:
– line-specific discounts are applied first, on the lines they are supposed to apply to.
This means product-specific discounts or discounts on the cheapest line.
– Then global discounts are applied evenly across paid lines, as much as possible.
If there is a remainder, it is applied sequentially, in the order of the lines,
until there is either no discount left or no discountable line left.

Note that discount lines (with a negative price) will have no taxes applied to them,
but rather the amount of these lines will be deduced from the lines they apply to during tax computation.