Sessions

H15 ~ Vertex Sales Tax Q Series: Advanced Topics

Description

This session will open an interactive dialog regarding transactions that are more complex in nature due to functionality within your host financial system and Vertex Sales Tax Q Series.

Further, this session will include working with a tester program, offering a visual representation of how Vertex Sales Tax Q Series will calculate tax for each transaction discussed in class.

Note: Fundamentals of how to customize Vertex Sales Tax Q Series or how a specific organization’s transactional taxes are calculated will not be addressed in this session.

Audience

Tax Professionals

Objectives

Upon completion of this training session, you will:

  • Understand system options for handling drop shipments
  • Understand system options for handling cash discounts
  • Know how to handle line item sales of tangible personal property, rental agreements, or services
  • Be able to identify options for processing refunds, credits, and adjustments
  • Know how to set up customer, product, and jurisdictional exceptions

Prerequisites

Session Level

Advanced

CPE Credits

2

Tax Type

Transaction

Delivery Method

Hands-On