See attached document for complete details.
The Vertex Interface used with LeasePlus contains two components, the
Vertex Calculation Module and the Vertex GEO Coder. These two
program sets are developed by Vertex. LeaseTeam has embedded this
code into LeasePlus and its associated modules. LeaseTeam distributes
the Vertex program files along with the LeasePlus program files. Vertex
distributes the data file updates for both the rate update used by the
calculation module and the GEO Code update used by the GEO Coder.
The Vertex calculation module and the GEO Coder are considered
separate products by Vertex and the data for each is distributed
separately.
The two products are also licensed separately by Vertex.
The calculation module will calculate the sales tax associated with each
charge in LeasePlus.
The GEO Coder will automatically retrieve the GEO Codes associated
with the city, state and zip code address fields on the customer and
customer location records during maintenance of these records.
The Vertex program files are embedded in LeasePlus providing a
seamless interface between the two products. LeasePlus passes
parameter information to both the calculation module and the GEO
Coder programs. The information is processed within the calculation
module or the GEO Coder then is passed back to LeasePlus for use in
calculating sales tax charge amounts or for automatic retrieval of GEO
Codes during maintenance functions.
The GEO Code fields store the tax codes and are used instead of the
standard Sales Tax Code fields in LeasePlus.
The GEO Coder is
available to aid in the process of retrieval of the GEO Code values. As
charges are processed in LeasePlus, the same LeasePlus data files are
affected using the Vertex Interface as are affected using standard
LeasePlus.
LTi provides the program files for both the Vertex calculation
Module and the GEO Coder. However, it is necessary to contact Vertex
for the license and data files for these options.