- Improved quoting accuracy with automated tax calculations at lease origination.
- Calculate tax by “upfront on cost,” “upfront on the sum of payments,” or “on stream payments”.
- Improve invoicing accuracy and consistency with automated taxation of periodic recurring invoices.
- Easily handle exemptions, chargebacks and customer changes.
- Confidently manage the taxation of lease-to-purchase, basis adjustments for trade‐ins, purchase option credits and finance charges.
Lessors with businesses spanning multiple counties, states, and countries face a labyrinth of complex tax rules and rates. Continual changes to those rates. And business challenges to improve both accuracy and efficiency. A manual approach just can’t keep up.
We developed a solution specifically for the complex tax needs of lessors. To simplify and automate taxation for every transaction regardless of location or lessee. From lease origination to invoicing. Integrated seamlessly with the systems you use to manage your growing business. A solution that provides confidence today and scalability for tomorrow.
- Comprehensive rules and rates to drive more accurate and current leasing/rental.
- Automatically capture state and local rate changes that affect lease, conditional sales, and rental agreements.
- Stay abreast of special rules—including lease tax basis, exemptions, non-standard rates, tiered taxes, and percent basis.
- Maintain data and reports to support prompt, accurate returns, and solid audit defense.