The municipal tax remittance clearinghouse for U.S. cities. Automated collection, allocation, reconciliation, and settlement — built for city finance teams and the merchants that serve them.
TRAC is remittance infrastructure — not a payment portal. We own the operational layer between merchant payments and city general funds.
Merchants submit, TRAC validates. Every dollar is tagged to a tax type, period, and jurisdiction before it touches the ledger.
City-specific rules determine how collected funds are split across funds, accounts, and periods. No two cities are alike — TRAC handles both.
Every remittance to the city includes a complete settlement package — not just a wire transfer. TRAC generates the documentation that closes the books.
TRAC matches every incoming payment to an operator, period, and tax type automatically — eliminating the manual cash application that bottlenecks city finance teams.
Every exception is tracked, assigned, and resolved with a timestamped audit trail. No spreadsheet handoffs. No missing history.
TRAC connects to the city's existing financial systems — pushing settled transactions and journal entries directly to the general ledger.
TRAC handles the entire operational chain. Cities get funds — and the documentation to prove it.
Operators submit tax filings and remit payments via the TRAC portal, API, or bulk CSV import. Every submission is validated against current rates and period schedules.
The configurable allocation engine splits collected funds according to city-specific rules — General Fund, Special Revenue, reserve accounts — with full rate versioning.
Every transaction is written to the immutable double-entry ledger. Corrections happen via reversals only. Full source attribution for every entry.
ACH settlement lands in the city account with a complete remittance package — itemized statement, reconciliation report, and GL journal entries — ready for audit.
TRAC's registry-driven module architecture lets cities activate the tax types they need — without platform fragmentation.
TRAC's double-entry ledger tracks every dollar from collection to remittance. Corrections are reversals — not edits. Every entry carries full source attribution.
TRAC serves the city and the merchant — with purpose-built interfaces and integrations for each role.
Responsible for tax revenue accuracy, remittance timelines, and audit readiness. TRAC replaces the spreadsheets and manual reconciliation that consume weeks of finance staff time.
Accountable for the integrity of the general ledger and financial statements. TRAC's immutable ledger and GL integration means the books close accurately — without manual journal entries.
Filing obligations across multiple jurisdictions and tax types. TRAC provides a single portal for multi-city filing, amendment, and payment — with instant confirmation and history.
Every payment portal can take money in.
Almost none of them can tell you where it went.
Talk to a TRAC implementation specialist. We'll map your tax types, walk you through the ledger, and get your city live in weeks — not months.