Manufacturing Tax SoftwareOptimise input VAT determination with procure-to-pay software.
Easily manage manufacturing input VAT determination
Manufacturers face many challenges to accurately validate and reconcile input VAT on equipment, drop shipments, materials, and other goods and services. Suppliers struggle to comply with ever-changing regulations and calculations in all the jurisdictions they operate in – increasing the risk of paying and declaring incorrect input VAT. Cross-border inventory movements between EU member states can be taxable even if the items are owned by the same entity, and tax results can differ depending on which jurisdictions impact the chain transactions. The cost of inaccuracies is expensive and can have a negative impact on manufacturers.Learn more about Determination for manufacturing
Thrive into the future of tax
Manufacturing tax software ensures that you are paying and declaring the correct amount of input VAT—the first time, every time. With ONESOURCE Determination, you can feel confident in your VAT accounting control and reporting for VAT and other global taxes.
ONESOURCE Determination for manufacturing has the global expertise, robust reporting, seamless scalability, and always up-to-date manufacturing content you need to function efficiently in a challenging global economy, all with no disruption to your business. Built from the ground up to handle the unique complexities of tax for manufacturers, ONESOURCE Determination integrates across all of your business and systems, so you can analyse multiple transaction data points and determine the correct input tax recoverability for goods and services.
Why use ONESOURCE Determination for Manufacturing?
Robust automation intelligence
Analyse multiple transaction data points to accurately determine the correct input tax for manufacturing goods and services.
Optimise and protect operational spend and simplify your procure-to-pay process with an end-to-end, automated solution.
Integrate across all your of business and systems, including ERP, billing, P2P procurement, ecommerce and more, to automatically and accurately account for VAT.
Stay up to date on global tax changes, thanks to our in-house expertise backed by SSAE 18 and ISAE 3402 certified processes.
Trusted tax information
Pre-loaded with up-to-date content specific to manufacturers, for both products and services, certified and maintained by our team of experts.
Easily configure unique tax policy and configure VAT accounting control and reporting.
Be confident in manufacturing tax compliance
Discover our additional resources below to learn more about how ONESOURCE Indirect Tax Compliance can help you simplify complex procure-to-pay tax processes and feel confident in your VAT returns.
How indirect tax impacts your manufacturing power
— and what to do about it
By automating the procure-to-pay tax process, manufacturing companies can protect their operational spend and avoid tax overpayments and underpayments.Download whitepaper
How procure-to-pay tax solutions help manufacturers avoid tax overpayments.
Learn how procure-to-pay (P2P) tax determination helps manufacturers reduce value-added tax (VAT) exposure and avoid wasting money through overpaid input tax.Read the article
Questions for manufacturers to reduce VAT overpayments
Find out which four questions manufacturers should ask to focus their value-added tax (VAT) tax strategy, avoid VAT overpayments, and control spend.Read the article
Tips for manufacturers to maximise VAT recovery
Discover how manufacturers can maximise VAT recovery with indirect tax automation software.
Want to know more?
Every company is unique, which is why we want to understand your individual needs. Complete a few details online to speak to one of our friendly solutions consultants today.Contact us