CompuData - Accounting Software and Business Solutions ERP MANUFACTURING SOFTWARE, DISTRIBUTION SOFTWARE, CRM & ACCOUNTING SOFTWARE   – FOR PHILADELPHIA, PA, CHARLOTTE, NC & LOS ANGELES, CA

Better Solutions Means Better Business Business Solutions Articles
     ARTICLES  


 
© 2011 CompuData, Inc.
All rights reserved.

2701 Commerce Way
Philadelphia, PA 19154
Phone: 800.223.3282

2401 Whitehall Park Drive
Suite 300
Charlotte, NC 28273
Phone: 800.223.3282

Directions

info@compudata.com

Contact Us

CompuData and the CompuData logo are registered trademarks of CompuData, Inc. Sage Software, the Sage Software logos, and the Sage Software product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc., or its affiliated entities. All other trademarks are property of their respective owners.

Home > News > Articles

Virtually all businesses have the statutory requirement to calculate, collect and remit sales and use taxes. Yet with a constantly shifting landscape of tax law changes across more than 8,000 North American taxing jurisdictions, the operational hassle of compliance can be a real nightmare—particularly for emerchants and small or medium-sized businesses.

For protection against the consequences of non-compliance, large corporations with IT and tax departments deploy expensive, complex software systems. The alternative - manually researching and maintaining rates – is the worst-case scenario in terms of audit risk. But what happens when your business can't afford or staff for such IT-intense “enterprise” software systems?

Sales tax may be inevitable, but the hassle is not.
With Sage MAS Sales Tax, Powered by AvaTax, you don’t have to spend another inefficient minute chasing a correct rate, jumping from system to system to assemble reports, spinning extra cycles on administrative legwork during remittance time, and worrying about audit protection.

Sage MAS Sales Tax makes sales and use tax automation for any business simple. This hosted, web-service-based solution automatically performs address validation, sales tax jurisdiction research and rate calculation – all on the fly within your accounting application, with no change to your existing workflow. With its signature AvaTax Dashboard™ management console, fully-detailed reports are always at your fingertips, and returns are automatically pre-populated and generated.

AvaTax takes just minutes to download and install. Set up nexus and taxability, and begin accessing Avalara’s professionally-maintained tax engine over a secure internet connection to apply address, jurisdiction and rate information to every transaction – within the same Sage MAS 90, MAS 200 or MAS 500 order-entry or customer set-up screen you’ve always used.

Comprehensive, Accurate Calculation
A correct sales tax calculation starts with identification of all applicable taxing jurisdictions to a street address. For every calculation, Sales Tax performs address verification, and then locates the exact street address within a jurisdiction using a geo-coding mapping system. The calculation is made, referring to pre-set user configurations including nexus, tax jurisdictional issues, exception processing, product taxability rules, sourcing rules, split rates, and maximum tax. All of this happens transparently in the background, automatically updating your accounting application.

Automated Reporting and Returns Generation
Easily-accessible user interface and reporting platform provides detailed, summary, and exception reports to exceed statutory tax return requirements. Views and drill-downs encompass customer/invoice, product, reason for exemptions, jurisdictional information, and a detailed breakout of rates and taxes by jurisdiction. An incorporated returns platform provides sophisticated selection of required forms, pre-population of tax data for a specified filing period, and intelligent calculations within the form. A revision /approval process is included, permitting Sales Tax to maintain records of adjustments.

The Bottom Line.
With Sage MAS Sales Tax, Powered by AvaTax, you get the “big business” protection of sales tax automation without breaking your budget, straining your internal resources, or compromising on functionality. Between the peace of mind of sales tax compliance and the cost benefits of dramatically streamlined order-entry and remittance processes, this could be the best technology investment your business makes this year.

See a demo or call 800-223-3282 for more information.

More Articles >>