Exactor Sales Tax

Exactor Sales Tax
M2

TOTAL:
$0.00
Compatible With: Community 2.1

Tech Specifications

Seller:
Integrator:
Current Version:
1.0.20170608
Type:
Stable Build
Updated:
29 July, 2017
Categories:
Extensions, Accounting & Finance, Taxes

Overview

Exactor is revolutionizing sales tax compliance by providing the next-generation, end-to-end solution for secure, reliable, and accurate sales tax compliance efforts.

Overview

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Exactor is revolutionizing sales tax compliance by providing the next-generation solution for secure, reliable, and accurate sales tax compliance efforts, including tax calculation, record keeping and tax processing. Exactor’s cloud-based Software as a Service (SaaS) system introduces to sales tax compliance the same high standards and ease of use typically associated with payroll taxes. This allows you to focus on SALES, while Exactor deals with the TAX.

The Exactor Sales Tax Compliance module plugs directly into the Magento shopping cart and instantly enables real-time sales tax calculations that are accurate down to the precise street address where orders are being shipped (domestic and international). All of the tax rules and rates are applied and updated automatically so there is no work required by the merchant to set up tax rate tables or maintain them over time. The tax is calculated and seamlessly displayed in Magento forms, and, because the system communicates with the Exactor System via Exactor Merchant Account, sales tax returns are generated without merchant having to transfer data from one system to another.

The merchants need to sign up for account at https://merchant.exactor.com/account/signup/applicationThe extension installation and tax calculation services are provided free of charge. Once the merchant signs up for Exactor services, there is a $10 monthly retainer.

 Once installed, Exactor extension adds the following features to Magento Admin Panel:

  1. Exactor Account Setup page
  2. Exactor Product Mapping and Shipping pages
  3. Create Customer Exemption button and the corresponding page

Once configured correctly, Exactor extension provides real-time tax calculations in Magento on all steps, i.e. upon generating the following forms: 

  • Estimate
  • Quote
  • Sales Order
  • Invoice
  • Credit Memo

The extension commits documents from Magento based on the commit option set on the Exactor Account Setup page of the Magento Admin Panel. Refunds are processed by the Exactor plug-in via Order Cancellation and Credit Memos from the Magento Admin Panel.

In addition, the Exactor service can easily be configured to ensure that products such as digital goods, clothing, food, shipping, etc. that may be subject to reduced or exempt tax rates are taxed appropriately. The system can also track tax exempt entities such as resellers, governments, hospitals, schools, etc. that may be exempt from paying sales taxes and automatically omit them from orders to those customers. All sales taxes are clearly displayed to the buyer in the shopping cart during the checkout process.

The Exactor Service can also be expanded to include the filing and remittance of all state and local sales tax returns without having to enter any additional data or transfer data between the Magento system and Exactor Merchant Account. The merchant can simply select the states and local jurisdictions in which to file, and Exactor will prepare, file, and even remit payment to the appropriate tax authorities every time tax returns are due. There is the set fee of $16 per return to be filed.

The Exactor service is truly an end-to-end solution for sales tax processing and can reduce the cost and burden associated with compliance for any sized business. 

Release Notes

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1.0.20170608:

  • Compatible with CE: 2.1
  • Stability: Stable Build
  • Description:

    Exactor Tax Integration, 1.0.20170608
    This release of Exactor Sales Tax Integration adds the following features to your Magento: 1) Exactor Account Setup page: a merchant should do the initial setup of the Exactor plug-in on this page to enable the Exactor plug-in after installation. Any required modifications to the Exactor plug-in should be made on this page as well. 2) Exactor Product Mapping page: a merchant should do the mapping of products to Exactor Unified Codes on this page. 3) Exactor Shipping Mapping page: a merchant should do the mapping of shipping methods to Exactor Unified Codes on this page. 4) Create Customer Exemption button and the corresponding page. After a merchant fills in all required fields and clicks on the “Save” button in the ribbon, the Exactor plug-in should create a customer exemption on the Exactor merchant site under the corresponding merchant account using Exactor’s Entity Exemption API. Exactor plug-in provides real-time tax calculations in Magento on all steps, i.e. upon generating the following forms: Estimate, Quote, Sales Order, Invoice, Credit Memo. The Exactor plug-in commits sales orders from Magento based on the commit option set on the Exactor Account Setup page of the Magento Admin Panel. The Exactor plug-in supports committing of the taxes on any of the following options: Order Placement, Shipment, Invoice, Never (Calculation Only). Refunds are processed by the Exactor plug-in via Order Cancellation and Credit Memos from the Magento Admin Panel.

1.0.20170306:

  • Compatible with CE: 2.1
  • Stability: Stable Build
  • Description:

    Exactor Tax Integration, 1.0.20170306
    This 1.0.20170306 release of Exactor Sales Tax Integration adds the following features to your Magento:
    1) Exactor Account Setup page: a merchant should do the initial setup of the Exactor plug-in on this page to enable the Exactor plug-in after installation. Any required modifications to the Exactor plug-in should be made on this page as well.
    2) Exactor Product Mapping page: a merchant should do the mapping of products to Exactor Unified Codes on this page.
    3) Exactor Shipping Mapping page: a merchant should do the mapping of shipping methods to Exactor Unified Codes on this page.
    4) Create Customer Exemption button and the corresponding page. After a merchant fills in all required fields and clicks on the “Save” button in the ribbon, the Exactor plug-in should create a customer exemption on the Exactor merchant site under the corresponding merchant account using Exactor’s Entity Exemption API.
    Exactor plug-in provides real-time tax calculations in Magento on all steps, i.e. upon generating the following forms: Estimate, Quote, Sales Order, Invoice, Credit Memo.
    The Exactor plug-in commits sales orders from Magento based on the commit option set on the Exactor Account Setup page of the Magento Admin Panel. The Exactor plug-in supports committing of the taxes on any of the following options: Order Placement, Shipment, Invoice, Never (Calculation Only).
    Refunds are processed by the Exactor plug-in via Order Cancellation and Credit Memos from the Magento Admin Panel.

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Magento developers have both a contact email and a support email listed.

Q & A

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Reviews

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