ONESOURCE Indirect Tax

Start by connecting your ERP, web store, and billing system, then declare where you’re registered and what you sell. The setup wizard walks you through adding entities, tax IDs, economic thresholds, and warehouse locations. Upload your product catalog and map SKUs to the right tax categories once; rules update automatically as laws evolve. Use the sandbox to simulate common scenarios—domestic sales, cross‑border shipments, returns, credits—before you flip the switch. In production, the engine evaluates each transaction in milliseconds, applies the correct VAT/GST/sales tax, and posts entries back to your GL with the proper accounts and jurisdictions. Purchase orders and AP invoices are checked for missing or incorrect tax, with automated use‑tax accrual when a vendor doesn’t charge the right amount.

Daily operations stay simple. At checkout or during invoicing, the system determines destination sourcing, place‑of‑supply, reduced rates, and exemptions based on customer information and product taxability. It captures evidence for cross‑border rules, validates VAT IDs in real time, and manages exemption certificates so frontline teams don’t chase paperwork. Sales reps can get accurate, tax‑inclusive quotes from CPQ tools; finance can issue credit notes with recalculated tax; procurement can review variances when vendor tax disagrees with system results. Bulk tools let you reprice or revalidate thousands of documents after a content update, and APIs/webhooks push outcomes to downstream systems for fulfillment, billing, and analytics. more