Vertex is a 3rd party tax system that links to JD Edwards. The geocode from Vertex indicates what tax should be applied to a transaction. This can be a straight tax or a tax with a Tax Decision Maker table (TDM table) applied.
If you run Vertex Sales Tax with JD Edwards World (JDE) for your taxes and transact internationally, you may wonder how the system handles taxes with foreign entities. Foreign Entities means any business outside of the U.S. and Canada. So... what about those ‘foreign entities’ and their taxes? How does Vertex handle this set up?
Vertex does not define GeoCodes for non-U.S. or non-Canadian jurisdictions and does not maintain tax rates for these jurisdictions. You will need to know the correct tax rates for the rest of the world but you can add this information into Vertex. Vertex allows the creation of foreign GeoCodes, each beginning with value = 77 (in the state part). Once a geocode is set up, a Vertex Override table to maintain tax rates for each foreign taxing authority may be added to the Vertex system.
For a simple overview on setting up a TDM for Override Table review Vertex: TDMs (Tax Decision Maker) (Doc ID 626692.1). To understand TDM set up with foreign entities more fully contact Vertex Support. The customer support number for Vertex is 800.281.1900.