Prepare for Sales Tax Changes with InOrder ERP and Avatax
With the Supreme Court’s recent decision to allow states to collect sales tax from online retailers without a presence in their state, you might be asking “What’s next?” Will this apply to all businesses big and small, in all states, or will other states mimic South Dakota and only apply their sales tax to businesses with a minimum amount in sales or transactions? Are those thresholds per state, or for sales to all states? According to this Avalara article, it may take some time to find out.
Avalara, the market-leading provider of sales tax and compliance automation services in the cloud, provides AvaTax Basic and AvaTax Pro software, which calculates accurate sales taxes based on current tax rules, helps manage exemption certificates, and helps file and remit sales returns more quickly. InOrder seamlessly and transparently supports both AvaTax Basic and AvaTax Pro. The AvaTax integration simplifies the tax calculation process for InOrder users, easily calculating the final sales tax amount on every invoice. All this is possible even across multiple jurisdictions, and as sales tax rules change. Benefits of AvaTax Pro include access to tax research for over 2400 products & services, and 100,000 taxability rules, as well as ongoing tax research and maintenance. Another benefit with AvaTax Pro is that Avalara manages taxability for you, which is very helpful if you sell a variety of products and services, your tax rules vary between jurisdictions, or you have nexus in multiple locations.
For details about integrating AvaTax with InOrder, please contact us.