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Vertex

Posted by Tamarack in Perspectives on 8/30/2021
Have you come across a situation whereby you need to set a group of contracts and assets to a tax rate not supported by the Vertex “L” Series rate database? InfoLease does provide SUPs (Special Update Programs) to update tax codes and rates.
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Posted by Tamarack in Perspectives on 4/27/2021
Equipment finance companies leveraging the Vertex® O Series automated tax calculation engine can find themselves dealing with GIGO (Garbage In/Garbage Out) issues. This is especially true when it comes to determining the Tax Area ID for sales and use tax assessment during origination or contract booking. If you are leveraging O Series, either the Indirect Tax (On-Prem) or On-Demand (SaaS) implementation, you may have the solution right at your fingertips!
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Posted by Tamarack in Perspectives on 3/24/2021
Many of our customers receive monthly Sales & Use Tax updates via the Vertex “L” Series monthly file update but often unaware of how the rate changes will be applied across their receivables in InfoLease.
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