Tax & Accounting Blog

Thomson Reuters Announces ONESOURCE Indirect Tax Integration for Oracle 12 Inventory Movement

Thomson Reuters Announces ONESOURCE Indirect Tax Integration for Oracle 12 Inventory Movement

Thomson Reuters today announced ONESOURCE Indirect Tax Integration for Oracle 12 Inventory Movement. Building on the company’s Gold level membership in the Oracle PartnerNetwork (OPN), the latest integration reduces the risk from audit penalties resulting from changes in inventory usage. For example, components initially purchased for inclusion in manufactured goods often end up being used … Read More

The Advantages of Automating VAT Determination and Compliance

The Advantages of Automating VAT Determination and Compliance

Many users of the world’s most sophisticated and widely embraced enterprise resource planning (ERP) systems still use desktop spreadsheets to manage their value-added tax (VAT) and statistical filing processes. It’s labor-intensive work that may not catch every error and leaves the VAT processes without rigorous controls. It also puts companies at increased risk at a … Read More