Streamlines tax compliance process.
Single Source Tax Interface extends the value of Infor ERP SyteLine. It performs all aspects of the tax compliance process, including billing, collections, remittance and audit trail maintenance. It seamlessly integrates with Infor ERP SyteLine.
Managing tax compliance across multiple countries, states, providences, cities and counties can be a tedious and time consuming process. If compliance issues are not managed properly, the results can have serious repercussions. In addition to incorrect invoices, late payments and disgruntled customers, the company may be facing government fines and costly audits. This can all be avoided.
The Infor SyteLine ERP SyteLine Tax Interface provides a seamless interface between Infor ERP SyteLine and tax managements systems from Independent Systems, Taxware, Vertex or Quantum. These tax management systems and the SyteLine Tax Interface work together to streamline the sales tax compliance process reducing administrative costs, improving customer satisfaction and minimizing compliance risks.
Benefits:
• Calculate taxes using the tax software system and report them in SyteLine.
• Calculate “What-If” tax situations without affecting posted transactions.
• Calculate taxes on a line-by-line level, if needed.
• Include tax parameter and customer tax exemption maintenance.
• Provide tax exemption reporting.
• Interface directly with the tax systems’ GeoCodes and Sales Tax APIs.
• Customize to suit individual needs.
Calculate taxes on the following invoicing functions:
• Customer Order Invoices
• Customer Order Credit Memos
• Customer Order Price Adjustment Invoices
• Project Invoices
• SRO Invoices (FS-Plus)
• Service Contract Invoices (FS-Plus)
• A/R Invoices
• A/R Credit Memos
• A/R Debit Memos