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Six tips to respond to a sales tax audit

TaxConnex

You can expect to have to provide copies of your filed returns and supporting data (including sales journal, exemption certificates and general ledger data supporting the returns). For more, download our eBook, Top 10 Tips for Managing Sales Tax Audits. Presenting your information is a balance.

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Empowering Financial Excellence and Fostering Student Success with Sage Intacct

Cherry Bekaert

The outcome of the implementation process was not only a new general ledger system with a fully integrated consolidation for our multiple entities, but also improvements in our reporting granularity and timelines,” – Hugh Merryweather, Stravos CFO. Download Case Study Questions?

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Shutting Down Your Tech Company? Here’s What You Need to Know

Shay CPA

You might also want to download records from tools you use like GitHub, Jira, or Asana, product roadmaps, or anything else that outlined or detailed the R&D process. Specifically, if your tech company claimed federal or state R&D tax credits, save anything substantiating the amount you claimed.

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Shutting Down a Tech Company – Some Tax/Accounting Tips

Shay CPA

Before you sign off for the last time, download or export the following: Financial statements. General ledgers. Here at ShayCPA, we’ve seen countless examples of founders not filing FINAL tax returns and consequently finding out later on that they left multiple tax periods open. Don’t let that happen to you. Build a records log.

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Netsuite vs. Quickbooks: Accounting Software Comparison

inDinero Accounting

Consolidation : NetSuite allows you to consolidate your general ledger, which is beneficial for business with multiple subsidiaries. Download the Guide. High-Level Reporting : NetSuite allows you to set KPIs and track them over specified periods of time so you can evaluate your progress on business goals.

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Looking Within The Enterprise To Unlock Spend Data Silos

PYMNTS

Accounting teams are expected to go into system after system, download data, manually enter it into the general ledger, categories them, chase people down to get receipts,” he said. It’s a whole mess of trying to wrangle data sitting in multiple different systems.”.

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Why and How to Transition from a Sole Proprietorship to a Corporation

Ronika Khanna CPA,CA

Streamline the process by downloading our free start your corporation checklist ! As such, it is a good idea to source an accountant as soon as possible to help guide you through your obligations and let you know what you need to do right at the beginning to ensure a smooth transition. Planning to incorporate your business?

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