Vertex® Value Added Tax Training – O Series®
Vertex O Series is Vertex's next generation solution for effective management of a corporation's transaction-based tax responsibilities. Vertex O Series is built on the common platform of the Transaction Processing System and includes the following tax specific products:
- Vertex® Value Added Tax O Series®
- Vertex® Sales Tax O Series®
- Vertex® Consumer Use Tax O Series®
- Vertex® Lease Tax O Series®
- Vertex® Sales Tax O Series® for POS
All products utilize the common capabilities of the Transaction Processing System such as setup and maintenance tools, reporting functions and a common interface to the financial system. This means simpler integration to ERP applications as well as a consistent user interface that makes it easier to learn and operate the full suite of Vertex O Series products.
Schedule 2010
| Date | Location | Status |
|---|
Vertex® Sales Tax and Consumer Use Tax Training - O Series™
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Regional Training ~ On-site Training
It is recommended that you have:
Learning Environment: The Vertex Value Added Tax Training - O Series is presented in a participative live group environment with hands-on software demonstration. |
Prerequisites: No advanced preparation is required. Delivery Method: Instructor Led (Group Live) CPE Credit: 12 Course Level: This course provides users with a comprehensive overview of system functionality. Course Fee: $1,250 per person Duration of Course: Two days |
Audience
This course is designed for all Vertex Value Added Tax - O Series users including:
- Project leaders responsible for a Vertex Value Added Tax - O Series implementation
- Tax professionals responsible for system customization to incorporate their tax and business requirements into Vertex Value Added Tax - O Series
- Tax professionals responsible for incorporating their VAT and business requirements into Vertex Value Added Tax - O Series
- IT or Tax professionals responsible for monthly system maintenance.
- IT personnel responsible for integrating Vertex Value Added Tax - O Series with a financial application
- Consultants assisting with a Vertex Value Added Tax - O Series implementation.
Program Content
- Understand the product components and what they do
- Understand how tax is calculated on transactions
- Navigate Vertex Central, the O Series home page
- Use Taxability Manager to set up your organizational structure and address VAT taxability needs
- Test Taxability Manager setups with the Transaction Tester
- Use Rate Lookup to review country and local jurisdiction rates
- Use Tax Area Lookup to determine Tax Area IDs
- Use Data Management tools to manage Taxability Manager and transaction data
- Generate Taxability Manager and transaction reports
- Setup and maintain system security
- Use Data Update to manage rate and Tax Area ID data
- Review License Manager to monitor overall system activity
- Review Activity Log to monitor user system activity
- Review Resources which support using the O Series products
Learning Objectives
Upon completion of this course, you will be able to:
- Describe the O Series system components and interface elements
- Understand the VAT rate and rule data that drives the O Series system
- Describe how O Series processes VAT transactions
- Set up your organizational structure and registrations in Taxability Manager
- Use the Taxability Manager to define and maintain your company's taxability exceptions for taxability drivers, jurisdictions and customers (if desired)
- Use the Transaction Tester to verify your taxability setup in the Taxability Manager
- Understand how to generate transaction and Taxability Manager Reports with the Reports Utility
- Administer the O Series system including security, data management, license management and activity log
Contact Information
For questions regarding Transactional Tax Web Classes, please contact Training Registration at 1.877.455.2645.