Zytax Government Solution

Motor fuel excise tax data gathering and auditing is notoriously complex and time consuming. The Zytax Government Solution accelerates the entire motor fuels excise tax auditing process and eliminates labor-intensive procedures by allowing government agencies to completely automate excise tax auditing and reporting.  

 Key Features:

• State-of-the art Web architecture based on Microsoft® .NET Architecture
• Secure, role-based access for all functionality with complete audit trail
• FTA-compliant schedules, returns and Electronic Data Interchange (EDI) and XML compatibility
• Automated EDI import, schedule validation, and calculation of motor fuel excise taxes and information reporting
• Secure credit card, ACH, and EFT payment processing
• Complete tracking/cross-match module - designed to find potential transaction mismatches such as error, omission, and fraud - includes:
  • Import/export reconciliation
  • Diversion reconciliation
  • EXSTARS/ExTOLE reconciliation
• Centralized repository for all schedules and return data
• Analysis and advanced ad-hoc query reporting tools
• Automated export to accounting back office systems

 Benefits:

• Increases number of filers and revenue
• Facilitates electronic filing mandates
• Improves reporting efficiency
• Highlights possible tax evasion
• Eliminates manual data entry
• Removes paper storage needs
• Increases audit effectiveness
• Accommodates state-specific processing