Companies working in multiple tax districts can experience challenges in maintaining a list of fluctuating tax percentages. The same district may sometimes tax different products in different ways.
Software that calculates sales tax, such as Avalara, can be helpful here. In the case of Avalara, a third party software, it assists in two ways. First, it calculates the tax based on the location and product. Second, it records the amounts by state and district. In addition to these features, you may elect to have the software file these taxes in some or all of your nexus jurisdictions.
This process outlined below can be used to assess and collect sales tax on Unanet invoices to customers.
What’s covered in this document:
- Sample Table of Complexities when not using Sales & Use Tax software
- Initial Setup of Unanet and Avalara for Sales & Use Tax calculations
- Invoice Creation
- Run Export of Invoices
- Import file from Unanet into Avalara
- Add Tax amounts to Unanet Invoices
- Additional Information