Abstract: A system for financial computation and revenue remittance over a network. A first-server providing e-content to users. A second receiving data from the first server and parsing the data. A third server receiving transactional data from the second server, parsing the data received for XML-based data and for interpreting the XML-based data for selected data processing operations. The XML-based data is stored by the third server in a first selected file of a first database, any taxes due on the corresponding transaction is computed and stored in a second selected first database file. A fourth server receiving XML-based data from the third server, converting the second selected first database file from an XML-based format to a TXP-based format for receipt by an automated clearinghouse network, and periodically transmitting the second file to a selected financial institution for remission of funds corresponding to the transactional data to the government authority.

Abstract: This disclosure relates to a program controlled apparatus, a system, a method and a service for financial data computation and revenue remittance over an interactive communications network. The system comprises a first server has at least one application for providing e-content to end users. A second server has at least one application for receiving data from the first server and parsing the data received. A communications infrastructure links the first server to the second. A third server is also provided having at least one application for receiving transactional data from the second server, parsing the data received for XML-based data and for interpreting the XML-based data for selected data processing operations. The XML-based data is stored by the third server in a first selected file of a first database, any taxes due on the corresponding transaction is computed, the tax due is, in turn, stored in a second selected first database file.