Advanced Sales Tax Management

With sales tax rate structures becoming more and more complex, it can be difficult to keep track of what rate to collect for each customer. This become even more complicated if your dealership happens to reside in one of the US states participating in the Streamlined Sales Tax initiative. Sometimes known as "destination-based sales tax", this emerging structure requires the sales tax collected to be based on the destination where the purchase will be delivered. The Advanced Sales Tax Management application handles all this and more.

Automatically Records & Reports All Sales Tax Information

The Advanced Sales Tax Management application automatically records all required sales information to provide you with the ability to generate reports for a selected period that includes all taxable and nontaxable sales and sales taxes for each tax code. This can be a huge time saver when it's comes to preparing daily, weekly, monthly, quarterly or annual sales tax returns.

Streamlined Sales Tax Support (US Dealers in SST States)

For dealerships operating in one or more of the states that have enacted the SST agreement, the HBS Dealership Management System automatically calculates the correct applicable sales tax based on the geo-coded destination of the goods sold. HBS utilizes our exclusive ECLIPSE technology to distribute any available updates from the SST member states so you'll always collect the correct sales tax.

Automatically records sales tax through POS settlement process
Maintains a detailed audit trail from remittance back to source document
Provides detailed listing of remittances due to each taxing authority
Manages Federal, State, Local and Special District taxes for US dealerships
Manages GST, PST and HST taxes for Canadian dealerships
For US dealers in SST states, fully automated table updates keep destination taxes accurate and up-to-date