Element type: Required for Refunds

Endpoints/models used: CreateTransaction, RefundTransaction

Tax rates can change. Imagine you have a customer who purchases an item on October 1, and the tax rate then is 10%. Then on October 15, the tax rate changes to 12.5%. On October 30, the customer returns the item purchased on October 1. You want to calculate the return credit using the tax rate calculated on the date of purchase, when the calculated tax was 10%. You don’t want to refund tax at the newer rate of 12.5%. To do this, you must provide a method to use the original invoice date as the tax calculation date for the refund. This isn’t the same as changing the post date for the refund. In this scenario, the date of the refund should still be October 30.

When issuing refunds using the CreateTransaction API, use a taxOverride of TaxDate.

When issuing refunds using the RefundTransaction API, your workflow should recognize the date of the original transaction based on the transactionCode in the endpoint URL and pass that as the tax calculation date for the return.

View CreateTransaction example

View RefundTransaction example

Send the original invoice date as the tax calculation date for refunds