Sales & Use Tax Automation
Vertex helps automate sales and use tax compliance for businesses of all sizes. By enabling calculations and returns, Vertex meets the sales and use tax automation needs of growing businesses.
Key Benefits:
- Real-time tax calculations for all sales transactions
- Quotes/Estimates
- Cash sales
- Sales orders
- Invoices
- Simplified NetSuite tax setup
- Consumers Use Tax on the SuiteTax integration only
- Address validation: validate address information for accurate tax calculation
- Estimates: get accurate tax rates for the estimates you prepare
- Sales orders: ensure the accuracy of taxes to be collected or paid
- Invoices: update your tax journal with real-time tax information
- Credit memos: calculate the correct tax amount for credit memos
- Cash sales: enter correct tax information for in-person purchases
- Cash sales refunds: calculate the correct tax amount for cash returns
- Subsidiaries: separate taxation amount subsidiaries (in NetSuite OneWorld only)
Features:
Rate files
Download rate files by location or upload addresses for your specific business needs and access tax rate files. Jurisdiction tax amounts are continuously researched and updated, maintaining our tax content to keep you current.
Calculations and Returns in One Solution
Perform tax calculations and generate signature-ready PDF returns in one solution. With Vertex Cloud Indirect Tax, there is no need to access separate applications for tax calculations and returns. Our innovative interface guides you through a configuration process that allows you to personalize the taxability to make it as simple or complex as you need. With calculations and returns in sync, signature-ready PDF returns are automatically generated for you for each relevant time period.
Returns Only Offering
Upload tax data files from any data source and generate signature-ready PDF returns. No matter the source of your data, you can use our returns-only offering for your or your clients’ businesses. File and remit payment for the returns yourself, or allow Vertex to file and remit payment for you.
Exemption Certificate Management
Store, update and maintain your exemption certificates. Efficiently manage your exemption processes with Vertex. You have the flexibility to bulk upload exemption certificates or upload them one at a time, set effective and expiration dates, store the certificates, and manage customer exemptions with our solution and within your ERP.
Consumer Use Tax
Calculate and report your consumer use tax. Consumer use tax can be complicated, with various scenarios triggering a requirement for the tax. Vertex Cloud Indirect Tax enables you to calculate and report your consumer use tax, including for accruals, asset and goods management, inventory removal, and purchase orders.