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A Strategic Timeline for Implementing a Sales Tax Strategy and Process - Part 2 | TaxConnex

TaxConnex

A job as intimidating as setting up a system to handle your sales tax obligations can be a lot easier if you have an idea how long it will take. As with most aspects of sales tax, there are no fixed answers, but we can give you an idea. Part of your decision in this case rests with how long you’ve had sales tax exposure.

Sales 188
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Changing Accounting Systems: Tips for Switching to New Software 2023

Accounting Seed

Changing accounting systems can feel intimidating. Even if the legacy accounting system you currently use doesn’t have the features, speed, or power you need, at least it’s familiar. Sometimes though, the benefits of switching to new software begins to outweigh the cost of learning a new system.

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How Do You Record Ecommerce Sales in Accounting?

xendoo

Many ecommerce owners understand the importance of making sales, but do you know how to record ecommerce sales for your accounting system? No matter if you sell products online through Amazon, Shopify, BigCommerce, Walmart, or Etsy, you’ll need an accounting system to manage finances.

Sales 105
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Time constraints surrounding sales and use tax

TaxConnex

Sales and use taxes have their deadlines, too – a dizzying number to follow, potentially with bad consequences if you miss even one. A lot of complications Currently, sales tax across the U.S. Some states have a flat sales tax rate that applies throughout the state, resulting in a simple sales tax return.

Sales 130
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Managing sales tax: Are businesses satisfied with the additional effort?

TaxConnex

Our third annual survey of financial professionals across accounting, manufacturing, construction, software and technology, retail/eCommerce, telecom and others showed that many industries face sales tax challenges and that financial leaders continue to lean on internal resources to get the job done. What’s keeping them up at night?

Sales 130
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The Big 3 Barriers to Managing Sales Tax

TaxConnex

Think you’re the only one worried about sales tax compliance? According to our third annual Sales Tax Market Survey you’re not. Our company is highly acquisitive and this results in lack of consistency when it comes to billing, accounting and reporting,” said one survey respondent. Added a third respondent: “We need help now.”

Sales 130
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How a Point-of-Sale System Can Help on Small Business Taxes

CPA Practice

For many small business retailers, managing a point-of-sale (POS) system comes with the territory of owning a store. With these systems, owners are able to manage things like inventory, scheduling, and more. Enter the small business accountant. Let’s dig in.

Sales 100