Thomson Reuters has released ONESOURCE Indirect Tax Integration for Microsoft Dynamics AX, connecting the company’s sales tax and VAT software with Microsoft’s enterprise accounting product.
The integration connects ONESOURCE Indirect Tax, which is used by thousands of multinational corporations to estimate U.S. and Canadian sales taxes, with Microsoft Dynamics AX. The cloud-based software handles tax rate calculation, research, reporting and returns. The system receives automatic tax rate updates for over 16,000 taxing authorities in 175 countries. The tax rate calculator allows users to test, save and rerun transaction scenarios. Address validation features use U.S. Postal Service-certified data to cleanse and verify addresses to confirm accurate tax calculation and shipment.
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