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Products
Vertex® Payroll Tax Q Series™
A virtually error-free, easy-to-integrate and easy-to-use
system that practically maintains itself
Whether you're right-sizing or re-engineering to a client/server
environment, whatever leading payroll or HRMS software you
rely on, Vertex Payroll Tax Q Series
provides end-to-end functionality, open-systems flexibility
and reliable Vertex tax research to give you the power to
meet today's needs, and the poise to respond to tomorrow's.
Vertex Data
No category of software needs a deeper, more continuous
stream of data than payroll tax software. Vertex Payroll Tax
Q Series obliges, with past and current rates and calculation
methods for all federal, state, Canadian, U.S. territories,
and Puerto Rico withholding taxes (including unemployment
and disability), plus over 8,000 local payroll tax requirements.
Data is updated every month on your choice of media. Maintenance
is as simple as loading a CD-ROM or downloading files from
the Customer Cafe.
Vertex Payroll Tax Q Series also provides an easy-to-access
four-level history for tax review and auditing.
Vertex Calculation
Just when you think payroll rates and calculations have reached
a maximum level of complexity, they stretch a little farther.
Vertex Payroll Tax Q Series keeps pace -- accurately calculating
federal, state, Canadian, U.S. territories, Puerto Rico and
local taxes on all regular and supplemental wages for multiple
work locations per employee.
For a specific net pay:
Whether it's moving expenses, bonuses or income of foreign
nationals, Vertex Payroll Tax Q Series' advanced net-to-gross
logic calculates tax amounts and appropriate gross pay.
For advanced vacation pay:
Vertex Payroll Tax Q Series prorates taxes according to the
period of vacation being paid -- including partial and multiple
periods.
For tips:
Vertex Payroll Tax Q Series determines taxability and adds
them to gross wages before calculating taxes.
For IRS qualified benefit plans:
Vertex Payroll Tax Q Series stores the taxability and maximum
contribution limits for 401(k), 403B, 457 and 125 Cafeteria
Plans, subtracting contributions from gross compensation (where
appropriate) before calculating taxes.
Vertex Payroll Tax Q Series calculates the entire range of
standard Federal, State and Local taxes including Miscellaneous
and surcharges. Plus, only Vertex Payroll Tax Q Series recognizes
all formal reciprocal agreements among states, cities and
counties, and calculates state and local taxes accordingly.
Even where formal reciprocal agreements don't exist, the
system calculates and applies all appropriate credits to the
resident state tax.
Partial list of Calculation Capabilities
Vertex Payroll Tax Q Series also offers the most complete
coverage of calculation methods in the industry -- handling
all preferred and alternate federal-, state-, and locally-approved
methods, including:
Method |
Description
|
| Annualized |
Preferred method for federal withholding tax calculation
and the most common among states. |
| Cumulative |
Alternate method of calculating federal and certain
state withholding taxes. |
| Flat Percentage |
Applies to most local taxes and Pennsylvania state withholding.
|
| Concurrent Aggregation |
Annualized method for regular and supplemental wages
paid at the same time. Regular and supplemental wages
added together before tax calculation. |
| Cumulative Aggregation |
Cumulative method for regular and supplemental wages
paid at the same time. Regular and supplemental wages
added together before tax calculation. |
| Previous Aggregation |
For supplemental wages paid separately. Supplemental
wages combined with previous regular wages before tax
calculation. |
| Self-Adjust |
For closed-ended taxes calculated up to a maximum amount
for the year, this method continually adjusts tax amount
so YTD tax is correct at end of year. |
| Other |
Vertex uses the exact published tax formulas required
by taxing jurisdictions without alteration, including
special methods for particular taxes and jurisdictions,
incorporating minor variations as required by the jurisdiction. |
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Vertex GeoCoder™
Knowing what rates to apply and how to apply them doesn't
insure accuracy. You also need to know who to apply them to.
And that means knowing where each employee lives and works.
The problem is, ZIP codes and other non-tax locations systems
used by ordinary payroll tax programs frequently fail to match
up with the definitions used by local taxing authorities --
which leaves you to manually confirm each employee's information.
Only Vertex Payroll Tax Q Series comes complete with the
exclusive Vertex GeoCoder location system, allowing you to
automatically apply GeoCodes to each employee's payroll/personnel
record during installation or updating.
Because GeoCodes remain permanent even when ZIP codes change,
your system maintenance is dramatically reduced, even if your
employees work in multiple locations. And of course, Vertex
keeps your GeoCoder database up-to-date.
Vertex Payroll Tax Q Series Integration
Vertex Payroll Tax Q Series open-system architecture lets
you build the industry's best payroll tax solution into the
best of today's leading hardware, operating systems, databases
and payroll/HRMS software applications. So you benefit from
the greatest power, precision and flexibility available today.
Learn about some of this integration in Software
Partners.
Vertex Payroll Tax Q Series Support
As in any other business situation, a product is only as good
as its back up. As a Vertex customer, you can rely on the
expert, responsive Product Support that have made Vertex the
leader in our field, always just a toll-free phone call away.
You'll also receive clear, complete documentation and reference
publications including:
- Vertex Payroll Tax Q Series Calculation Guide
- GeoCoder Master List Vertex
- Payroll Tax Q Series Administrator's Guide
- Vertex Payroll Tax Q Series Programmer's Guide
- Vertex Payroll Tax Q Series Reference Guide
Information about Vertex® Payroll Tax Solutions is also
available in PDF
Format.
If you don't already have the free Adobe® Acrobat® Reader®, you can download
it now.
To learn more about all Vertex tax solutions, just submit
a Product Inquiry
Form.
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