iNovah Solves Partial Tax Payment Issues for Florida Tax Collectors
Jacksonville, FL, July 08, 2009 --(PR.com)-- System Innovators, the leading cashiering solutions provider for city, county and state organizations, announced that their flagship product, iNovah solves the payment processing issues facing Florida Tax Collectors as Senate Bill 1580 (SB 1580) goes into effect today.
SB 1580, titled Partial Tax Payments, requires Tax Collectors to accept partial payments of property taxes and allows property owners to make partial payments on their current year property tax. The law applies to November 2009 tax bills and will likely produce a number of payment processing challenges for Florida’s Tax Collectors.
Tony Leuthold, System Innovators’ Chief Technical Strategist stated, “System Innovators designed iNovah to handle the then current needs of processing tax and other public sector payments while adding the flexibility to adapt to the ever changing rules of collection. We understand that legislative changes require modifications to the way counties do business, so we created a system that can accommodate those changes without requiring special coding or customizations.”
Florida Tax Collectors can also benefit from iNovah’s existing functionality—developed in conjunction with System Innovators’ clients, including several Florida Tax Collectors. iNovah offers built-in fund-based accounting support and automatic over/short/refund and convenience fee processing. iNovah’s fund accounting capability allows Tax Collectors to track the monies collected for multiple agencies, whether state, county or local, in general ledger funds and tie them to bank deposits. Over/short/refund processing helps Tax Collectors save time and money by processing check payments that, while not exact, are close enough to warrant accepting the monies along with the state’s allowable service fee. iNovah’s built-in convenience fee processing ensures Tax Collectors can recover extra service fees allowed by the new legislation. With iNovah, Tax Collectors have the ability to manage partial payments and easily allocate the funds in compliance with the SB 1580 legislation as well as business rules already in place.
Mr. Leuthold confirmed, “iNovah is the solution Florida Tax Collectors need to fully implement this partial tax payment legislation aimed at helping Florida home owners.”
About System Innovators
System Innovators is the leading cashiering solutions provider for city, county, state and federal organizations as well as municipally-owned utilities. Since 1980, System Innovators’ unique combination of superior technology and unparalleled customer service has created world-class cashiering and revenue management systems for utility companies and municipal governments in the United States, Canada, Europe, Australia and the Caribbean.
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SB 1580, titled Partial Tax Payments, requires Tax Collectors to accept partial payments of property taxes and allows property owners to make partial payments on their current year property tax. The law applies to November 2009 tax bills and will likely produce a number of payment processing challenges for Florida’s Tax Collectors.
Tony Leuthold, System Innovators’ Chief Technical Strategist stated, “System Innovators designed iNovah to handle the then current needs of processing tax and other public sector payments while adding the flexibility to adapt to the ever changing rules of collection. We understand that legislative changes require modifications to the way counties do business, so we created a system that can accommodate those changes without requiring special coding or customizations.”
Florida Tax Collectors can also benefit from iNovah’s existing functionality—developed in conjunction with System Innovators’ clients, including several Florida Tax Collectors. iNovah offers built-in fund-based accounting support and automatic over/short/refund and convenience fee processing. iNovah’s fund accounting capability allows Tax Collectors to track the monies collected for multiple agencies, whether state, county or local, in general ledger funds and tie them to bank deposits. Over/short/refund processing helps Tax Collectors save time and money by processing check payments that, while not exact, are close enough to warrant accepting the monies along with the state’s allowable service fee. iNovah’s built-in convenience fee processing ensures Tax Collectors can recover extra service fees allowed by the new legislation. With iNovah, Tax Collectors have the ability to manage partial payments and easily allocate the funds in compliance with the SB 1580 legislation as well as business rules already in place.
Mr. Leuthold confirmed, “iNovah is the solution Florida Tax Collectors need to fully implement this partial tax payment legislation aimed at helping Florida home owners.”
About System Innovators
System Innovators is the leading cashiering solutions provider for city, county, state and federal organizations as well as municipally-owned utilities. Since 1980, System Innovators’ unique combination of superior technology and unparalleled customer service has created world-class cashiering and revenue management systems for utility companies and municipal governments in the United States, Canada, Europe, Australia and the Caribbean.
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Contact
System Innovators
Lisa Johnson
904-485-3975
www.systeminnovators.com
Lisa Johnson
904-485-3975
www.systeminnovators.com
Contact
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