Get accurate sales tax, use tax, value added tax calculation, easy tax accrual, VAT recoverability, and partial recoverability with effortless filing and remittance. Thomson Reuters ONESOURCE™ is a smarter end-to-end tax solution and trusted partner in change. As a co-development partner of the SuiteTax API, our seamless integration meets your unique business demands while delivering accuracy that extends the power and reach of NetSuite.

Get accurate sales tax, use tax, value added tax calculation, easy tax accrual, VAT recoverability, and partial recoverability with effortless filing and remittance. Thomson Reuters ONESOURCE™ is a smarter end-to-end tax solution and trusted partner in change. As a co-development partner of the SuiteTax API, our seamless integration meets your unique business demands while delivering accuracy that extends the power and reach of NetSuite.

Industry standard for sales tax, use tax, VAT and GST

Even the most powerful ERP systems can’t handle the complexity of global transaction sales tax and use tax compliance — which leaves your staff to fill in the gaps. That’s why we’ve integrated Thomson Reuters ONESOURCE Determination with Oracle® NetSuite.

Key Benefits

ONESOURCE Determination Integration for NetSuite makes it easy to stay on top of constantly changing indirect tax rates and determine your company’s liability for sales tax, use tax, GST, VAT, excise tax, and other country-specific taxes regardless of your corporation’s size or geographic reach. Better manage tax liability through our seamless integration with your existing sales and purchase process.

Better Manage Tax Liability

Handle everything from tax calculation and certificate management to reporting and filing returns. From reverse charges and tax only credit memos to recoverability and partial recoverability, ONESOURCE Determination Integration for NetSuite delivers real-time tax decisions at the point of transaction, directly to your existing NetSuite platform.

Verified security

Rest easy knowing your data is secure and protected on a cloud hosting platform with up to date, ISO 9001, and ISO 27001 certified compliant systems.

Global tax calculation

Get real-time global tax calculations on NetSuite transactions in order-to-cash and purchase-to-pay business processes. Make filing and audit defense easy with built-in, customizable reports and signature-ready returns using Indirect Tax.

Trusted tax content

Avoid penalties by relying on our automated indirect tax engine for accurate tax calculations. Automatic updates ensure you get the latest content from thousands of global tax authorities, certified compliant to SSAE 18 and ISAE 3402 standards. Easily map to the most comprehensive set of product and service categories for accurate calculations in every jurisdiction. We support a wide range of countries including, but not limited to, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Malta, Netherlands, Poland, Portugal, Spain, Sweden, United Kingdom, Liechtenstein, Norway, Switzerland, Mexico, the United States of America, India, Brazil, and Canada.

Address validation and certificate management

Quickly cleanse, verify, and store addresses with USPS CASS-certified address validation. Ensure customer transactions are correctly exempted and certificates stay up to date with integrated certificate management.

Integration resiliency meets unmatched flexibility

Achieve the highest degree of business continuity and tax accuracy with system monitoring and fall-back workflow. Set up custom fields to drive accurate tax calculations for unique industry, customer, or country scenarios.

About ONESOURCE™
Thomson Reuters ONESOURCE is the industry's first leading corporate tax technology platform, facilitating global tax compliance and accounting decision-making. Supporting over 190 countries, ONESOURCE helps companies stay in compliance, avoid penalties and audits, save time and increase efficiency through every step of the tax lifecycle, including corporate income tax, indirect tax, property tax, trust tax, tax information reporting, transfer pricing, data management, and internal processes. For more information, visit tax.tr.com/onesource.

About Thomson Reuters
As a key consultant in developing the SuiteTax API, Thomson Reuters was named SuiteCloud New Partner of the Year in 2016 and is the only tax vendor that has been named as a SuiteCloud Partner of the Year.

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 (symbol: TRI). For more information, visit tr.com.

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