Universal Service Fund (USF)

Universal Service Fund management is split into the following categories:

Reporting revenue for the Federal USF.
Recovering amounts contributed to the Federal USF from the end customer.
Reporting revenue for the State USF if applicable.
Recovering amounts contributed to the State USF if applicable.

Unlike taxes, reporting of USF revenues and passing through contributions to the end customer are disconnected. USF reporting may be on taxable or taxable plus non-taxable amounts whereas taxes only involve taxable amounts. In addition, contributions are based on intrastate, interstate and international portions of billings.

BillMax computes amounts for various revenue lines for the FCC 499A and 499Q reports while creating an audit trail. In addition, it will generate reports in support of State USF reporting.