Refunding and Voiding Transactions
Explore how to manage tax transaction adjustments by refunding and voiding transactions using the Avalara AvaTax API. Understand how to make API calls to accurately reflect refunds and cancellations, ensuring your tax records match business activities during audits.
We'll cover the following...
Overview
After calculating the taxes for our transactions, we need to ensure that Avalara correctly records and commits these transactions to our company account. However, there may be some instances where we need to cancel or adjust some of these committed transactions. We need to do this to make sure that our sales transaction data matches the data we report on our tax form during a tax audit. Such a scenario may occur, for example, if a user wants to refund an item or if acustomer cancels an entire order.
Refunding a transaction
In business transactions, there can be various reasons for which we may need to refund an amount to the customer. In such scenarios, we need to ensure that the tax amount we refund to the customer is the ...