Automate The Entire Transactional Tax Lifecycle
Better manage tax liability through our seamless integration with your existing sales, purchase, and goods movement processes. ONESOURCE Determination intelligently delivers billions of real-time global tax decisions integrated with your S/4HANA or SAP ERP system.
By Thomson Reuters (Tax & Accounting) Inc.
Overview
Ability to set up custom fields according to your needs
Set up custom fields to drive accurate tax calculation for unique industry, customer, or country scenarios. Reduce the amount of ABAP coding by leveraging the ONESOURCE Field Mapper.
Achieve the highest degree of business continuity
With integration resiliency achieve the highest degree of business continuity and tax accuracy with system monitoring and detailed logging. With ONESOURCE's world class native cloud infrastructure, enable zero downtime when receiving system upgrades and tax content updates.
Receive Billions of Real-Time Tax Decisions
ONESOURCE Determination intelligently delivers billions of real-time tax decisions integrated with your S/4HANA or SAP ERP system. The integration for SAP S/4HANA Business Suite is SAP certified, which means it’s fully compatible with SAP. We also are certified for SAP ERP (ECC and CRM).
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Oil, Gas, and Energy, Utilities, Chemicals, Mining
Compatibility
Works with
Features
Rest Easy Knowing your Data is Secure
Our Verified Security assures your data is secure and protected on a cloud hosting platform with continuously monitored ISO 9001 and ISO 27001 certified compliant systems.
Comply with Sales Tax
Reduce risk and avoid penalties through real time sales tax, use tax, VAT, and GST calculations on transactions in order-to-cash, procure-to-pay, and goods movement business processes. The global content of ONESOURCE also includes excise taxes and fees like the Superfund Excise Tax.
Ensure you Get the Latest Tax Content
Automatic updates ensure you get the latest content from thousands of global tax authorities, certified compliant to SSAE 18 and ISAE 3402 standards. ONESOURCE has been updating millions of tax rules and rates globally as the tax legislation are announced.
