Intuit offers a new robust system for that purpose, and our engineers integrated this new Global Tax Model into our expense reports so that QuickBooks users will be able to track VATs directly when making a purchase.
Toronto, Ontario (PRWEB) February 21, 2014
Nexonia Inc. announced support of Intuit’s Global Tax Model by its Expenses system to facilitate business tax management.
This tax season will be more productive for Nexonia clients who use QuickBooks Online now that Nexonia Expenses integrates with Intuit’s Global Tax system. No matter where on the globe an expense occurs, Nexonia will track the taxes precisely - for any country and any type of expense. This means more visibility and control over VATs from business expenditures in real time. Accountants and financial professionals will now be able to keep an eye on taxes as soon as an expense is made. When an expense report is approved, the amount spent and the taxes involved will appear as such in QuickBooks.
“We wanted to offer our customers even better control over international taxes as it’s one of the most important areas for accountants,” says Neil Wainwright, CEO of Nexonia. “Intuit offers a new robust system for that purpose, and our engineers integrated this new Global Tax Model into our expense reports so that QuickBooks users will be able to track VATs directly when making a purchase. We handle different automated tax calculations for regions, tips, expense categories, and even manually-edited tax amounts with QuickBooks Online. It’s really fantastic.”
With tax season coming up, the importance of tracking all taxes correctly is that much more apparent - especially for small businesses. Nexonia is always aiming to help its customers do business effectively, properly, and as easily as possible.
Nexonia Inc. is a provider of leading web and mobile Expense Reports and Timesheets solutions. These simple to use and highly customizable applications are fully integrated with ERPs, credit cards and other systems supporting your business. Nexonia solutions are designed to streamline the expense reporting and approval process, improve human resource management and enhance operational efficiency. Time is money. We save both.
To receive more information, visit http://www.nexonia.com or call 800-291-4829.