Nexonia Announces New HST Tracking Software

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Toronto-based company launches new feature in expense reporting software to track the Ontario/BC Harmonized Sales Tax. Software critical in aiding businesses who require reporting and documentation of taxes

We take care of any concerns surrounding HST tracking, and any and all other facets of expense reporting. We want these companies to get back to focusing on what they do best.

Nexonia, a Toronto-based corporate software solutions provider, today announced the launch of their new HST tracking feature in their software. This new element to Nexonia's existing expense reporting and timesheet tracking solutions will aid businesses who need to report this new tax while obeying the temporary restrictions placed on input tax credits (ITCs) in Ontario.

"We understand that companies of all sizes in Ontario and British Columbia need to find an adaptable solution for their bookkeeping that accurately records and tracks the new Harmonized Sales Tax", says Neil Wainwright, co-founder and CEO of Nexonia. "We are offering a simple, streamlined solution that will take the guesswork out of HST tracking for companies."

All of Nexonia's customized software solutions includes a feature that will accurately track the new tax, which came into effect on July 1, 2010. In addition, this feature in Nexonia's expense reporting solutions will automatically take into account the restrictions in Ontario's portion of the tax placed on items like meals and entertainment, specified telecommunications services, and fuel for specified road vehicles, amongst other items.

"In this time of new growth for thousands of businesses in Ontario and British Columbia, Nexonia is here to help," says Wainwright. "We take care of any concerns surrounding HST tracking, and any and all other facets of expense reporting. We want these companies to get back to focusing on what they do best. "

About Nexonia

Nexonia, founded in 2002, is a privately held company founded on the ideals of great software and great customer service. The company has a powerful blend of talented professionals with over 25 years of experience in time & expense systems, customer support systems, software architecture, business management and leading-edge open source systems. Dynamic, continuously evolving software design is leveraged for the creation of world-class, international time and expense management and customer service solutions. For information, please visit http://www.nexonia.com.

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Amy Cole
Nexonia
(416) 450-4418
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