taxCalc

This method is a short hand version of LOS taxCalc. The taxCalc method calculates tax for a provided base rental amount and interim rent assessment as estimated to be on the first invoice and return the tax amounts for each of the invoices along with the rate used. The method returns the expected tax amount for a given base rental amount to be charged monthly and for the 2nd and 3rd invoice.

The taxCalc method assumes the following conditions to successfully process and calculate tax:

1. The lease is in portfolio 50.
2. Only one asset on lease.
3. The first invoice is being calculated and not all past due.
4. The invoice is a regular term invoice with no off-lease billing or payoff charges.
5. The due date of the invoice is the start date of the lease.
6. The assets must have the "Vehicle Use Tax Rates" field set to Y from update U0713 State ? 'Veh Tax Table' tab when selecting rates to calculate tax.

Table of Contents

Reference Grid

Request Reference Grid
Response Reference Grid

Schema (DTD)

Request DTD
Response DTD

Schema (XSD)

Request XSD
Response XSD

Sample Messages

Sample Request Message
Sample Response Message