Use tax, the lesser known counterpart of sales tax, suffers from a basic lack of PR. Buyers and sellers alike pay it no mind. Despite 27 states having a dedicated line item in tax returns for reporting use tax owed, only 2% of taxpayers actually report it. This has left the states with a $23 billion deficit annually in uncollected use tax.
Quick reports make my life so much easier. They're fun; they're easy to use; you can make them whatever you want them to be, however you want them to be, and not only that, you can change them. You can change them whenever you want to fit the needs of my boss, Annette, who needs something different every single day, and it just makes it timesaving for me just because when she calls, I have to give her what she needs right away, and those reports make it so that I'm able to do it so she can do her job better.
Maybe you are fed up with hearing about the Affordable [...]
30 sweet statistics on consumer spend trends for December. It’s the most wonderful time of the year. This popular holiday tune could be the theme song for retailers this holiday season.
What does it take to be a savvy seller in [...]
Turkey and taxes. The U.S. has a long history of both. And in 2010, the two converged in Virginia as part of an annual Thanksgiving tradition where tribal and state leaders pay homage to a more than 330-year-old treaty: then-governor Bob McDonnell was presented with a turkey (and two deer) by tribal chiefs in lieu of taxes. Unfortunately, paying taxes in trade doesn’t work for most of us. Depending on where and how you celebrate this year, your Thanksgiving feast could be served up with a side of sales tax.
Getting closer to the customer is no longer a retail-centric sales strategy. More manufacturers, suppliers and wholesalers are starting to sell direct to consumers (D2C). Motivations vary: brand awareness, customer loyalty, even product innovation. But for the most part, B2B sellers are simply looking to give consumers what they want — the ability to buy products directly from the source. Many are already doing it.
Bwaahahaha! Is that the ghostly laugh of a Halloween haunt — or the auditor reviewing your sales tax returns? Dealing with sales tax can be a ghoulish task. And for businesses with compliance obligations in multiple states, it can be frighteningly difficult to know which rules apply.
In most states, services are exempted from sales tax unless explicitly made taxable by law. So why are the governors of at least two states, as well as legislators in another, fighting to change that?
Here’s a closer look at some key takeaways from 2014 as well as a “nice list” for what retailers can do this year to keep customers happy and keep them spending.
The SalesPad web portal is not very widely used right now, but I think that is going to change. A great session at the SalesPad Panels event had to do with SalesPad's web portal. This tool is still pretty new, I think they started talk about it about a year ago. Although not too many clients used it now, SalesPad is working on development and I think as it becomes a more mature product, it will be more viable for additional clients.
One of my favorite sessions at the SalesPad Panels 2015 event was about scripting in SalesPad. We have talked before about SalesPad’s flexibility and what you can do with SalesPad scripts but this session was geared towards the people who are writing the scripts and helping us to write them better. And the things SalesPad is doing to make writing scripts better and easier within the software. In the latest version of SalesPad 4.4.1.0, which was just released a couple of days ago, they have cool new functionality called Security Script Manager.
Are you registered for PANELS 2015? The biggest SalesPad user [...]
So it’s not without some irony that July 1 marks the date when many U.S. states put their newly increased sales tax rates into effect — the same month when both France and the U.S. celebrate their independence. While a few percentage points increase hardly merits waging an all-out war against sales tax, revolutionizing the way you manage tax compliance is a worthy cause.
Life lessons. They’re never-ending. There’s the stuff that you’d like [...]
Don’t undervalue transactional tax management in post-merger systems integration. Companies grow in vastly different ways; some focus on organic growth while others expand through strategic mergers or acquisitions.
If South Dakota, Colorado, and Connecticut are any indication, states are starting to publicize common sales tax management errors.
Are you thinking about Affordable Care Act (ACA) compliance? If you use Dynamics GP and outsource your payroll functions, now is the time to evaluate bringing payroll in house.
Compliance isn’t for wimps. Just ask accountants and tax managers. [...]
The more employees you have, the harder it can be to manage vacation time, sick leave, & other PTO options. Learn how to keep count of days without becoming a vacation planner.
Sales tax rules are incredibly complicated. If you are asked, [...]
The workforce today is becoming increasingly more mobile. Employees are getting work done from home or while they’re traveling which means they need to always be able to plug-in to business systems regardless of their location.
Are you looking for a Human Resource, Payroll or Tax add on for Microsoft Dynamics GP at Convergence 2015? One of our clients has this goal. So we made our best effort to compile a list of the booths he should visit.
The following companies are presenting short 15 minute educational sessions for Microsoft Dynamics GP users to give you a more detailed look at their solutions. These sponsor theater presentations will be located at the “Social Media Wall” area in the Convergence Expo Center.
Reposted from Avalara.com With over 12,000 jurisdictions in the U.S. [...]
With the new SalesPad dashboards you have access to EVERY table stored in Microsoft Dynamics GP meaning you can get all the financial information you want displayed in a dashboard.
Everyone already knows that I love the new SalesPad dashboards [...]
We recommend the inexpensive Mekorma MICR tool to all new [...]
ACA reporting is a hot topic in finance departments right [...]
As year-end approaches more and more companies are waking up [...]
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