The costs associated with negative audit findings can wipe out the profits a business…you might be unintentionally pulling a trigger that could lead to an audit notice.
Atlanta, GA (PRWEB) May 28, 2014
ArcherPoint, LLC, a Microsoft Dynamics Gold ERP Partner specializing in Microsoft Dynamics NAV solutions and upgrades, announced it will partner with Avalara, a leader in web-based sales tax solutions, to present a Lunch and Learn webinar, “8 Ways to INCREASE Your Company’s Sales Tax Audit Risk,” on June 10, 2014, at 2:00 PM ET.
”The costs associated with negative audit findings can wipe out the profits a business—the average annual cost of manual sales tax compliance is $327,000, which is a tremendous cost, especially given that manual compliance is the number one reason for errors,” said Suzanne Scanlan, ArcherPoint Marketing Manager. “If you rely solely on manual accounting solutions or disconnected tax tools, you might be unintentionally pulling a trigger that could lead to an audit notice.”
Handling core business functions, like sales tax compliance, via tax tables, spreadsheets, and xml files requires manually reviewing rate, rule, and boundary changes for each jurisdiction into which taxable sales are made. It also involves an encyclopedic knowledge of product and service taxability, rigorous tracking of state and federal statutory changes, and an expert-level grasp of exemptions, destination-based sourcing, and other sales tax related minutiae. Most companies do not have access to these resources.
In this live webinar, Mark Rowe, Regional Sales Manager with Avalara, will discuss ways companies might be unknowingly increasing their audit risk. Topics covered will include:
- The 8 most common sales tax mistakes
- How to address compliance proactively
- How to stay up to date on sales tax changes
About ArcherPoint, LLC
Founded in 2002, ArcherPoint, LLC is the largest Microsoft Dynamics Gold Certified Partner in the US, focused exclusively on Microsoft Dynamics NAV. ArcherPoint has pioneered the use of Agile, Scrum- based techniques for ERP implementations and continues to explore ways to deliver more value for less cost on Microsoft’s most popular ERP platform. For more information on ArcherPoint, contact Suzanne Scanlan at 866.343.4517, ext. 7133 or visit archerpoint.com.
Headquartered in Bainbridge Island, WA, Avalara is the recognized leader in web-based sales tax solutions, and is transforming the sales and use tax compliance process for businesses of all sizes. Avalara’s AvaTax family of products provides end-to-end compliance solutions and is regarded as the fastest, easiest, most accurate and affordable way for companies to address their statutory tax requirements. Avalara is the industry's most trusted provider of sales and use tax automation solutions and is one of America’s fastest growing companies earning recognitions such as Microsoft’s SaaS Partner of the Year for 2010. For more information, visit avalara.com.