Managing Sales Tax with Dynamics NAV

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Agenda

Complexities of Sales & Use Tax —Front End—Back End

Challenges within NAV

Solutions Presentations—CorpSystems™ Sales Tax Office —CorpSystems™ Sales Tax Returns Online

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CCH, a Wolters Kluwer business

CCH founded in 1913

Leading Provider of Tax Research

60,000+ CPA clients, and SME, Large Corporate

The global leader in tax research and software

CCH Master Tax Guide - industry gold standard

a division of Wolters Kluwer

- 20,000+ employees

- revenue of $5B/yr

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Complexity of Sales & Use Tax

Front End – Correctly Calculating Sales Tax—What are the rates?

State City County Special District

—What’s being sold? Taxability Exemptions

—Where’s it being sold Nexus Address Validation

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Complexity of Sales & Use Tax

Back End – Correctly Submitting Sales & Use Tax Returns—Nexus- where are

you responsible to file? How many? Home Rules

—Filing Frequency – how often are you required to file? Monthly Quarterly Annually

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Challenges of Sales Tax within Dynamics NAV

Initial research of rates (14,000+ Jurisdictions)

Are rates current? Taxability Rules Manual creation and update of tax

detail and schedules Human Error Time Reporting Address Validation- “Tax Footprint” Exemption Management Audit Exposure

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Sales Tax Office Overview Server based Sales Tax calculation engine. Advanced Situs Rules, Ship-to, Ship from, Order Placement & Order

Approval Custom Tax Schedules, Tax Holidays, Effective Dates Exemptions Special Tax Districts Liability Reporting Comprehensive Quality Data by CCH

— General – Various Products & Services— Food— Medical— Restaurant— Customizable Tax Matrix— Energy and Telecom

Seamless Integration to Sales Tax Returns Online

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Why Sales Tax Office?

Nexus—Where are you

required to collect tax? State County City Special Tax

Districts

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Tax Jurisdiction Determination:—Which is the

correct tax jurisdiction? Geospatial

level of accuracy

—Special Tax Districts Districts Coverage

—Address validation

Why Sales Tax Office?

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Why Sales Tax Office?

Exemptions—Is the sale exempt

from tax? Customer based Product based Use Based

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Why Sales Tax Office?

Comprehensive Quality Data by CCH—Is custom software taxable

in Atlanta, GA? Taxability Rules Rates Effective dates Tax holidays Special Tax District

Coverage Min & max rules Customizable

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Sales Tax Returns Online

Sales & Use Tax Returns Preparation Simple Data Feed

Seamless Integration Electronic Filing Prepare and Populate Sales or Use Tax How to file Signature ready CPA Technology

5 star rating

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Demonstration

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CCH CorpSystems Sales Tax

CCH: Quality Products, Research, & Service Visit Use- Next to Registration Table and the Expo

Tonight

Call: 1-877-709-0775Online: www.SALESTAX.com