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Sales Tax Plus
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Dominus Systems, LLC, Foresight Software, Inc. and Vertex Tax Compliance Partnership

Are you facing heavy sales and use tax audit pressure from not just one, but many states? Are you paying audit penalties and expenses that routinely cost you fees every year? Are you having trouble keeping pace with the 600 to 700 sales and use tax rate changes that occur each year?

If you face any of these scenarios, or are simply looking for a more accurate, efficient, and productive way to manage your sales and use tax compliance, we may have the solution for you. Dominus Systems has partnered with Vertex Inc., the industry leader in sales and use tax compliance software, and Foresight Software, Inc. and developed an interface between MXP and the Vertex Quantum Sales & Use Tax Compliance system.

Over the past 20 years, Vertex has established dominant leadership position by providing thousands of corporate subscribers with software and databases featuring the most comprehensive, accurate, and timely tax research in the industry. This research is the single, most important element of an effective sales and use tax compliance solution.

Seamless Interface Unites MXP and SalesTax

Dominus Systems has provided an interface between Foresight's MXP product and Vertex's SalesTax Compliance System - Quantum. Vertex's SalesTax software and tax databases automate and use tax compliance through the research of rules and rates, the accurate calculation of tax amounts, and the automated preparation of tax returns.

Vertex's SalesTax Compliance System includes...

Data...
Accurate sales and use tax compliance begins with accurate data. Vertex's SalesTax Compliance System contains current sales and use tax rates for every taxing jurisdiction in the U.S., its territories, and Canada (more than 6,500 locations) and placeholders for more than 60,000 potential jurisdictions.

In addition, Vertex's industry leading tax research department helps keep you in compliance through monthly database updates, delivered to you on your choice of media.

Calculation...
Dominus Systems' seamless STP interface to MXP allows you to automatically analyze each transaction to determine:

  • Whether it is intrastate or interstate
  • Which taxing jurisdictions are involved
  • Your company's taxability in those jurisdictions
  • Whether you have nexus in those jurisdictions
  • City and county, partial or full override rates
  • Taxability of each line item, using exception information specific to your company
  • And applicable maximum tax base and excess amounts

Based on the above criteria, Sales Tax Plus™ then retrieves the applicable tax rates, calculates the tax amounts, and returns and stores these amounts in your MXP application and in the Vertex Tax Register database. Taxable, nontaxable, and exempt amount sales are calculated separately at the state, county, city and district levels. Tax Subtypes such as Rental, Freight and Service are also passed to Vertex. This simplifies both reporting and returns preparation.

Dominus GeoCoder...
Vertex's GeoCoder System provides the most accurate way of determining local tax jurisdictions, rates and calculation requirements because it is organized the way tax jurisdictions are organized: with state, county, and city designations. Consequently, GeoCodes eliminate problems encountered by zip code based systems due to frequently changing zip codes, and zip and county boundaries that do not match.

Tax Decision Maker...
In multi state sales and use tax compliance, exceptions are the rule. For maximum ease and precision in customizing SalesTax to the complexities of your business, Vertex provides a Tax Decision Maker (TDM) program. The TDM program allows you to define taxability by product, customer, jurisdiction, or any combination of these criteria.

Sales Tax Plus or the TDM can be used to directly link tax status to your own products, customers, or specific taxing jurisdictions. In addition, you can track exemptions or flag virtually any other kind of exception that requires special calculation.

Automated Returns...
Compliance starts with accurate data and reliable calculations, but it is not complete until you have filed the return. The SalesTax Compliance System automatically imports your tax data from a summary file and enters it onto exact replicas of state and locally administered return forms. From there, you can make any desired manual entries or adjustments and then the system performs all necessary calculations and sends the results to your printer state by state or in print batches.

The Bottom Line...
Dominus System's Sales Tax Plus and Vertex's SalesTax Compliance System can automate sales and use tax processing by helping you:

  • Reduce audit exposure and liability,
  • Eliminate unproductive and repetitive rate and regulatory research
  • Prevent inaccurate customer billing and the hassles that follow
  • Reduce significantly time spent on preparation of returns.

>>See our client list...

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