TAXOUT - GeoTAX_Premium - 7 - 7.7

GeoTAX Premium for Windows, UNIX/Linux, and z/OS

Product type
Software
Portfolio
Verify
Product family
Geo Addressing
Product
GeoTAX Premium
Version
7.7
Language
English
Product name
GeoTAX Premium
Title
GeoTAX Premium for Windows, UNIX/Linux, and z/OS
Copyright
2023
First publish date
1998
ft:lastEdition
2023-10-19
ft:lastPublication
2023-10-19T16:49:54.924301

The optional TAXOUT parameter record provides you with a way to specify the posting of the sales and use tax rate data to your output records. TAXOUT data can include the Tax Rate General Return Code (GRC), the sales & use tax rates for the state, county, and municipality as well as a combined rate which is the total sum of the individual sales or use tax rates. You must have licensed and installed the Precisely Sales and Use Tax Rate reference file for this parameter to function. You can define one TAXOUT card.

Note: The format of the returned tax rate field is a 10-character decimal value. For example, 0.08250000 which represents a tax rate of 8.25%.