Robust lease tax determination engine with embedded tax content to improve tax accuracy and efficiency.
Automate and centralize tax determination for lease origination and lease billing systems. Vertex Leasing provides global tax determination for each phase of the leasing/rental business process, from origination to invoicing to disposition.
With updated content for 150,000+ lease-specific rules, Vertex Indirect Tax for Leasing combines up-to-date tax content with tax determination functionality for lessors around the world. The solution supports tax calculation logic for short- and long-term leases or rentals and also supports the taxes, fees, and surcharges for lease or rental transactions.
Integrate a Vertex tax engine with your systems for lease origination and billing systems even if they're different. You'll improve tax accuracy and streamline operations.
Vertex provides the parameters that vehicle and equipment lessors need when basing the taxability of property on the weight and horsepower of the equipment and the term of the lease. Streamline these parameters with pre-populated rules for your lease transactions.
Vertex Indirect Tax for Leasing contains logic that identifies the existence of multiple impositions and eliminates the need for manual preparation of invoices with surcharges and fee impositions.
Streamline your day-to-day administration for tax, adding value to your company. The web-based user interface allows you to easily set up Vertex with your unique taxability rules, so they can be applied and processed seamlessly on transactions. Through the interface, you can complete other tasks like rate research, running reports for audit purposes, and applying monthly content updates.
Vertex Indirect Tax for Leasing is offered as a cloud or on-premise solution to meet your IT approach.
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Vertex Indirect Tax O Series
Streamline indirect tax management with deep, proven tax content and software built to scale.
