Thomson Reuters has announced the launch of XIDT Connector for SAGE 50 Accounting – U.S. Edition. The Verified Integration provides businesses unified access to the industry-leading Thomson Reuters ONESOURCE Indirect Tax automation solution, enabling them to efficiently achieve sales tax compliance.
As part of the Thomson Reuters ONESOURCE Indirect Tax Development Partner Program, XtreamIT People Inc. (XtreamIT) worked closely with the Thomson Reuters team to design an application to extend the functionality of the Thomson Reuters ONESOURCE Indirect Tax platform to Sage 50 Accounting ERP and joint XtreamIT’s and Thomson Reuters customers.
“XtreamIT’s Verified Integration demonstrates their commitment to our joint customers’ success,” said Chris Carlstead, managing director, Indirect and Property Tax, Thomson Reuters. “We’re proud to be entrusted with the complex tax needs of our joint customers.”
XtreamIT’s integrated solution achieved verification status by successfully completing the same rigorous Thomson Reuters testing process that Thomson Reuters products undergo to ensure effective functionality of the solution. The new integration enables XtreamIT’s customers to seamlessly access the ONESOURCE Indirect Tax suite to manage every process of the indirect tax life cycle.
“We look forward to supporting the enterprises that run Sage 50 for their sales and invoicing needs that will benefit from a fully Verified Integration with ONESOURCE,” said Faizeen Khandaker, president of Xtream IT. “Giving our clients a seamless, automated experience with their sales tax calculation and charges is our primary goal.”
The XIDT Connector for SAGE 50 Accounting – U.S Edition helps companies in streamlining operations which, in turn, boost productivity and set the stage for them to achieve compliance. Xtream IT has provided the following feature set in their XIDT Connector for Sage 50:
- Automation of indirect sales tax calculation to ensure compliance across the organization
- Simple integration with businesses’ existing Sage 50 Accounting ERP
- Validation of addresses to support accurate tax calculation
The ONESOURCE Indirect Tax Development Partner Program is a comprehensive program that enables companies and individual developers to build integrations that bring the real-time tax automation capabilities of ONESOURCE Indirect Tax into leading ERP, financial, accounting and e-commerce applications. With active user forums, open APIs, learning materials, and technical support, Thomson Reuters equips development partners with the right tools to bring their applications to life.
The new solution is immediately available from Xtream IT and Thomson Reuters. For more information about the verified integration, visit https://tax.thomsonreuters.com/products/brands/onesource/indirect-tax/erp-integration/.
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters’ shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.
About Xtream IT People Inc.
Xtream IT’s expertise in the Direct and Indirect Tax Domain has spanned more than a decade and the company continually keeps on making use of cutting-edge technology along with best software practices to develop innovative yet user-friendly solutions. Through Xtream IT’s proven implementation methodology and highly experienced Tax Consultants and programmers, Xtream IT provides end-to-end solutions for your company.
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