ONESOURCE INDIRECT TAX

COMPLIANCE & REMITTANCE SOLUTIONS

By automating the sales and use tax compliance function, our customers consistently achieve a significant reduction in the time and effort required to complete their compliance function each month.

This provides opportunities for your staff members to perform more meaningful tasks like planning, research and audit preparation.

Comprehensive Returns Coverage

ONESOURCE Indirect Tax currently supports over 590 different sales, consumer's use, seller's use, rental and leasing returns for all applicable states and the District of Columbia. More than 70 electronic returns forms are available and accepted in numerous states. Returns for tax compliance in Canada and Puerto Rico are also included.

Flexible Data Sourcing

ONESOURCE Indirect Tax has flexible data sourcing capabilities that accommodate virtually any type of source data used to prepare your tax returns. It offers numerous forward and back calculation methods to calculate returns from gross, exempt, taxable, and/or tax amounts, depending on your preference. Import the way that works best for your company.

Quick Return Review

After all source data is entered into the system, returns can generally be computed in minutes. Computed return results appear onscreen, facilitating quick review.

Detailed Standard and Custom Reports

Reports in ONESOURCE Indirect Tax provide extensive management review and analysis capabilities to help to perfect your returns and enhance your return preparation process.

Streamlined Processes

In addition to preparing tax returns and various reports, ONESOURCE Indirect Tax streamlines administrative tasks such as generating laser-printed labels, managing resale and exemption certificates, and researching. Direct access to ONESOURCE Tax Calendar [links to ONESOURCE Income Tax/Tax Calendar homepage] is also available, enabling you to manage and track return and payment deadlines for your department.

ONESOURCE Indirect Tax is available in a CD version and the new, first and only fully web-based version, which provides:

Access from virtually anywhere at anytime
Automatic monthly updates
No IT hardware or software maintenance
Reduced raw data manipulation
Increased data adjustment capabilities

Plus unprecedented convenience with features that include:

No zip code restrictions
Rate overrides at the tax authority level
Ability to handle special districts, shopping malls, etc.
Point-in-time processing for amended returns
Automatic reclassification of sales data to the reporting tax type and tax authority
Filing frequency assignment by legal entity and tax authority
Easy access to multiple years of prior period returns

Comprehensive Implementation, Training & Support

To ensure you get the most from your investment in ONESOURCE Indirect Tax, our implementation experts are available to work with your tax professionals to implement the software in a way that best fits your unique situation and business objectives.

We also offer comprehensive hands-on training workshops for both new and experienced users.