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November 22, 2011 [ 0 Comments ]

Avoiding Audits: How to Automate Sales Tax Management (webinar)

Posted by: Sonja Fridell

sales tax laws

Businesses are required by law to collect and remit sales tax in states where they conduct business; however managing that process manually can be overwhelming and error prone.  It’s been estimated that for every $1 sales tax error, the cost to fix the error easily exceeds $50.  Knowing the factors that determine nexus, the obligation to collect and remit tax where business is conducted, is the first step to ensuring your business is adhering to sales tax laws.

Sign up for a our LIVE webinar on automating sales tax, Tuesday, Nov. 29 at 1:30 est

Some factors that can create nexus are:

  • Owning or leasing any real or personal property in another state
  • Having company personnel deliver products in another state
  • Renting or owning out-of-state storage, warehousing pr drop-shipping facilities

Automation using a cloud-based tax management service saves costs by providing a solution that is scalable to the needs of the business. A full-lifecycle automated solution will include tax calculation, exemption certificate management and filing and remittance.

When seeking an automated solution, companies should look for a product that provides:

  • Thorough tax analysis of state rules and regulations
  • Accurate calculations based on sourcing rules, jurisdiction and product taxability
  • Exemption certificate management for non-taxed transactions that includes:
    • Digital collection of exemption certificates
    • Easy accessibility
    • Certificate to customer and transaction association
    • Reporting capabilities
    • Full sales tax cycle support with filing and remittance of returns
    • Easy integration with ERP/accounting, eCommerce, or retail solutions

Avalara offers the industry’s leading sales tax automation solution and meets the criteria above.  Avalara’s AvaTax solution is cloud-based, so it is fast, accurate, reliable, and most importantly, affordable.  AvaTax helps organizations mitigate risk and avoid sales tax non-compliance.

The Sage Sales Tax / AvaTax family of products includes:

Sage Sales Tax

  • Sage Sales Tax delivers real-time sales tax calculations based on up-to-date sales and use tax rules including: sourcing rules, product taxability and jurisdiction assignment.

AvaTax Certs

  • AvaTax Certs is a complete exemption certificate management service. From wizard-driven online collection to associating the correct certificate with transactions, AvaTax Certs ensures you maintain compliance and reduce your audit risk.

AvaTax Returns

  • Dramatically increase accuracy and reduce the time your company spends on sales tax return processing with AvaTax Returns. AvaTax Returns automatically processes e-file, hard-copy and Streamlined Sales Tax returns for businesses of all sizes.

To learn more join Brainsell, in partnership with Avalara, at a FREE, informational webinar: States, Rates and Debates: Why you should leave sales tax compliance to the experts; Tuesday, November 29, 2011, @ 1:30 PM/ET. Learn about sales tax compliance best practices and real life examples of success. During this webcast you will discover how Avalara’s solutions – which offer seamless integration with your Sage Software ERP – can save your company time and money.

Register now!

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