Having accurate calculations of sales and use tax rates is a challenge. But knowing when a particular sales and use tax rate applies is even more complex; often, tax calculation requires the evaluation of several key transaction factors through error-prone manual tracking, which may result in lost productivity and potential penalties. In addition, document retention, data warehousing and reporting are critical to defending jurisdictional audits successfully.

These tax calculation issues, when combined with manual, error-prone rate maintenance, make sales tax determination and tax calculation an ongoing challenge.

Sabrix Managed Tax Service (MTS) provides automated sales and use tax calculation and determination services for inter-state and intra-state transactions by evaluating a combination of tax factors on your A/R and A/P invoices line by line.

Sabrix Managed Tax Service evaluates:

• The unique tax policy of your business;
• “Ship from” address;
• “Ship to” address;
• Tax law and rules;
• Jurisdiction boundaries (e.g. counties, cities and special districts).

Your sales, ordering, accounting, and purchasing personnel no longer need to specify the tax jurisdiction and tax type manually — or spend time researching tax rates and rules for multiple jurisdictions. Instead, Sabrix tax automation works behind the scenes to validate the transaction to the street-level address and provide real-time automated sales and use tax calculations in your financial or e-commerce systems at various levels of the transaction.

With Sabrix Managed Tax Service, you will:

• Validate tax data at the street level and minimize potential penalties, which may result from errors in tax determination and calculation.
• Eliminate the need to track and maintain sales tax rates and rule changes manually.
• Be able to scale your business and transaction volume without increasing staff to manage manual tax calculations and determinations.