See attached document for complete details.
When you have leases with equipment located all over the U.S. and/or
Canada, imagine not having to create or maintain Sales Tax Codes and
rates. The Taxware (a division of govONE Solutions) Interface requires
an automated process (one time only) to build the initial rate records for
all jurisdictions in the U.S. and Canada. After this has been completed
the monthly rate imports will keep the rates current for precise, accurate
tax rates.
The Taxware Interface module is designed to update sales/use rates on a
regular basis through the use of Taxware's VeraTax rate file. To use this
integration program, the Taxware VeraTax rate update service will need
to be purchased from Taxware and the integration module for LeasePlus
will need to be loaded onto the system. The integration module for
LeasePlus will update the sales tax rates in LeasePlus with the current tax
rates from the monthly Taxware rate updates. The integration program
allows unique sales tax rate codes to be assigned by the user for sales/use
rate exceptions. After running the rate update, you then have the option
to print a list of all the leases with changed rates.