Sales and use tax determination and compliance has long been one of the most frustrating and costly problems that companies and tax professionals face. For companies making substantial purchases, the process of determining, reporting and paying the correct amount of sales & use tax on each transaction can be an enormous task. Whether your company operates in one or all fifty states, sales & use tax is an important aspect of doing business and SALTware has created a solution to this burden. Through a team of dedicated professionals, SALTware has developed an automated sales & use tax determination system, State Tax Specialists (copyright pending). State Tax Specialists determines tax on 100% of transactions passing the purchasing cycle of the accounting system. Companies now have a better way to minimize tax liabilities, manage audits, reduce exposure, and lower costs.

State Tax Specialists is a multi-tier business solution which utilizes state-of-the-art client-server database architecture.

The objective of State Tax Specialists is to remove the human element from the initial tax determination process by examining each transaction passing through a purchasing cycle of the accounting system. Distributions are analyzed and tax-ability is determined in the background while accounts payable or other purchasing personnel perform their routine functions.

State Tax Specialists employs an open and scale-able design to extract data from existing mainframe, client-server, or mid-range systems thereby allowing selected data from the various accounting and business systems (i.e., purchasing, accounts payable, inventory warehouse control, capital projects) to flow through the tax determination process.

Features

State Tax Specialists effectively brings together two separate disciplines: state and local tax expertise and database systems/data warehouse technology. The effective blending of these disciplines produces a superior, cost-effective approach to purchase-side tax compliance.

Custom Tax Tables

Tax-ability is predetermined in a series of database tables by our team.