XML 84 R72.htm IDEA: XBRL DOCUMENT
v3.22.4

CAPITALIZED SOFTWARE (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Capitalized software, movement |  |  |
Capitalized software, net | $ 39,012 | $ 33,442 |
Capitalized software amortization expense | 17,018 | 12,962 | $ 11,936
LCR-Dixon |  |  |
Capitalized software, movement |  |  |
Capitalized development costs | 7,700 |  |
Software |  |  |
Capitalized software, movement |  |  |
Capitalized software, gross | 96,577 | 72,512 |
Less accumulated amortization | (62,197) | (45,179) |
Capitalized software, net | 34,380 | 27,333 |
Capitalized development costs | 14,888 | 11,660 | $ 11,850
Software | LCR-Dixon |  |  |
Capitalized software, movement |  |  |
Capitalized software amortization expense | 3,208 |  |
Amortization expenses on acquisition date |  | 642 |
In-process internal-use software |  |  |
Capitalized software, movement |  |  |
Capitalized software, gross | $ 4,632 | $ 6,109 |

X
- Definition For each balance sheet presented, the amount of accumulated amortization for capitalized computer software costs. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 985 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756 + Details
Name: | us-gaap_CapitalizedComputerSoftwareAccumulatedAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of expense for amortization of capitalized computer software costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 985 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 985 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6501960&loc=d3e128487-111756 + Details
Name: | us-gaap_CapitalizedComputerSoftwareAmortization1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount before accumulated amortization of capitalized costs for computer software, including but not limited to, acquired and internally developed computer software. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 985 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756 + Details
Name: | us-gaap_CapitalizedComputerSoftwareGross
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The carrying amount of capitalized computer software costs net of accumulated amortization as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 985 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756 + Details
Name: | us-gaap_CapitalizedComputerSoftwareNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_MovementInCapitalizedComputerSoftwareNetRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of amortization expenses had the intangible asset been available on acquisition date. + References No definition available. + Details
Name: | verx_AmortizationExpensesHadIntangibleAssetBeenAvailableOnAcquisitionDate
Namespace Prefix: | verx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the information pertaining to Capitalized Software Development Costs + References No definition available. + Details
Name: | verx_CapitalizedSoftwareDevelopmentCosts
Namespace Prefix: | verx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=verx_LcrDixonCorporationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_ComputerSoftwareIntangibleAssetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_AssetUnderConstructionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |