1.

Create tax with compounding precedence, it should be unique number never used in
any compounding precedence before.
2. Create second tax with precedence greater than the first so that tax will be
calculated later.
3. Create taxable basis formula:
--Taxable basis type = Line amount
--Provide compounding tax regime code and compounding tax
4. Attach the Taxable Basis Formula to the second tax created above
5. Create transaction and save, verify compounding tax is calculating