Skip to main content

Solutions

Products

Recommended products

Questions? We are here to help.
Contact us

Purchase

Questions? We are here to help.

Resources

VCTV

Set up a vendor for VCTV

To set up a vendor for Vendor Charged Tax Verification (VCTV):
  1. Select
    Configuration
    ,
    Reference Data
    , and then
    Vendors
    .
  2. You can select to add or edit a vendor.
  3. Select
    Trusted Vendor
     if you're confident the vendor will collect the correct amount of indirect tax. When selected, the VCTV calculations won't apply.
  4. Select the
    Audit this Trusted Vendor
     to audit this trusted vendor if the calling system specifies to audit the transaction. Clear this if you want to exclude the trusted vendor from the audit table.
    note
    • Transaction information's saved to the audit table when the VCTV request to Determination has the audit flag set to on (isAuditUpdate (REST service) or <IS_AUDITED> (SOAP service) is set to true). The transaction isn't audited if the VCTV request has the audit flag set to off (isAuditUpdate or <IS_AUDITED> is set to false). The only exception is for trusted vendors. No audit's performed when the VCTV request's set as a trusted vendor, and the
      Audit this Trusted Vendor's
       clear.
      • The
        Vendor has All Operating Licenses
         doesn't apply to the VCTV feature.
  5. Select
    Save
    .

This article applies to:

  • PRODUCT: ONESOURCE Determination,ONESOURCE Indirect Tax