A monthly data file update, available from the Vertex client portal, contains all the changes to tax rates and rules for your company’s taxing jurisdictions. This ensures your tax calculations are based on the most accurate data, and allows your tax department to focus on tax management functions, not tax research.
Using this solution, you will be able to:
Upon invoice validation and submission Vertex will confirm if your supplier charged you the correct amount of sales tax based on thresholds set in Coupa.
Flag invoice in Coupa for further review if supplier-entered tax amount is different when compared to Vertex calculated tax.