Acumatica Finance Tax Management

Summary

The Acumatica finance tax management features handles the following tax issues:

  • Sales and Use tax

  • Employment tax

  • Corporate income tax

The sales tax percentage that depends on the state and the type of item (stock and non-stock item), can be entered manually into    . This will be applied automatically to the price of the items in a Sales Order. 

There is an ISV application called Avalara Tax Management, that will get automatically the right tax percentage for an item. There is a monthly subscription fee for this application. 

Sales and Use Tax management

The sales tax percentage that depends on the state and the type of item (stock and non-stock item), can be entered manually into    . This will be applied automatically to the price of the items in a Sales Order. 

There is an ISV application called Avalara Tax Management, that will get automatically the right tax percentage for an item. Avalara handles also the Value Added Tax in Europe and other countries. There is a monthly subscription fee for this application. For  more information about the Avalara application, click here

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