Glossary

This glossary defines the terms of the Settings documentation.

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B

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Business entity

A legal or billing entity under an organization. See Organization versus business entity.

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J

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Jurisdiction

The geographic area that a tax rate covers. See Jurisdictions.

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R

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Rate change

One dated entry of a tax rate. See Rate changes.

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S

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Served country

A country in which a business entity bills customers. See Served countries and tax engines.

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T

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Tax category

A classification of products based on how they are taxed. See Tax categories: how products are taxed.

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Tax component

A named percentage within a rate change. See Tax components.

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Tax engine

The system that calculates tax for a served country. See Tax engines.

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Tax rate

The set of percentages that the Zenskar tax engine applies to one tax category in one jurisdiction. See Tax rates: what the Zenskar tax engine applies.

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Third-party tax code

The code that a third-party tax engine uses to classify a product for tax purposes. See Third-party tax codes.

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Related topics

• Business entity
• Tax configuration