The Exactor Software Suite is a fully automated, comprehensive, end-to-end sales tax compliance system for sales and use taxes owing in all commercial environments. The cloud-based SaaS services provided by the Exactor Sales Tax Suite cover all elements of compliance: tax determination; full transaction life cycle tracking (including any changes made to a transaction, such as credits, product returns, or sales tax exemption); providing a comprehensive, verifiable, transactional audit trail; managing exemption certificates; preparing and filing tax returns; and transferring tax proceeds to the different tax agencies.
The Exactor Sales Tax Calculation Module will improve accuracy and reliability of your sales tax calculation. This Module is an easy and seamless integration into any business and transaction platform where real time calculation is required making it a popular choice among businesses. Exactor provides the integrations for eCommerce shopping carts (e.g. Commerce Kickstart sales tax solution), accounting programs (e.g. QuickBooks sales tax software), and ERP systems (e.g. NetSuite sales tax module). Exactor’s automated wizards provide seamless integration into numerous systems, and Exactor’s Sales Tax API provides easy integration into even more customized environments.
The Exactor Address Verification Service (AVS) Module meets rigorous USPS quality requirements by validating, correcting and standardizing address data. Top companies processing millions of addresses use USPS CASS Certified Scrubbing. With our leading technology, sellers can not only rest assured that the sale location is determined accurately, but also that the sale is made to a deliverable address recognized by the US Postal Service, resulting in higher levels of transaction credibility and lower costs associated with “address not found” product returns.
The Exactor Sales Tax Transaction Tracking Module will identify any and all changes made to a transaction, including the timing of such change, by whom such change was made, and the reason for the change. All this information is then coupled with the original transaction, ensuring a merchant can prepare accurate and reliable sales tax returns – and, as important, avoid expensive and unnecessary out-of-pocket costs.
The Exactor Sales Tax Exemption Module is designed to automate the process of tracking & managing sales tax exemption certificates, and applying them to a sales transaction without impeding the flow of a transaction. The module enables collecting and uploading a sales tax exemption form in real time, either before or after transaction initiation, and provides for cross-referencing of a sales tax exemption certificate to multiple transactions. A purchaser is no longer required to produce multiple certificates, but instead can upload one certificate and use it across multiple transactions.
The Exactor Value Added Tax (VAT) Compliance Module is a form of tax imposed at each stage of the sale cycle. It is a mandatory consumption tax, used by most countries, differing from the US Sales tax in the method of calculating and reporting. Exactor VAT Compliance Module provides real time calculation of the global value added tax. Exactor maintains rate accuracy and a merchant does not need to perform any data update maintenance service.
The Exactor Sales Tax Filing Module manages the filing process in a fully automated and seamless manner. Exactor sales and use tax software generates the sales tax returns on a periodic basis as required; makes the returns available for approval to assure that business reconcile with business accounts, and, once approved, files the returns on behalf of a merchant.