4 Tips for Sales Tax Filing

Sales tax filing can be a chore. It can take up time you need for other things and even “Sales Tax Filing and Vacations” interfere with your vacation. Try these four tips to streamline the process and get the most out of your sales tax filing software. Tip 1: Organize- If you’ve been doing your sales and use tax filing manually, you might be using inconsistent methods — we’ve seen people just searching out data from original records as they fill out forms. Organize your data in a spread sheet. Then think about using sales tax filing software to free you up for more important work.

The software you choose should make it easy to map your data from your spreadsheets. Tip 2: Correct Errors- The biggest struggle most sales tax professionals have with sales tax filing is ensuring that all the data is correct when using addresses to find sales tax rates. Different sales tax systems connect locations to rates differently, some by zip code, some by Geo-locators, and some by other methods. No matter which way your sales tax software works, you need to ensure you’ve got the right address data to begin with. For example, using the wrong zip code, choosing the wrong county, or misspelling the name of the city can trip some software up. Using software like ours that helps you find errors can help you save time.

If you’re using another solution, make sure to look at your “Address Verification in Sales Tax Software” invoicing procedures to get the most accurate data possible from the start. Tip 3: Make a System- Accounting professionals usually love using systems to get work done. By systems, we mean a process and methodology of doing something that addresses all the common issues and helps you stay on top of things. Figuring out the problem areas in your sales tax filing process and finding solutions to those problems takes some time up front, but over the long run it can help you get the job done faster.

Develop a consistent process and follow it each time so you don’t miss anything. After a while, it’ll become second nature. Tip 4: Get Help- Good tax filing software will automate a lot of the tasks involved in the job. If you’re having problems on a regular basis, you’re either using the wrong software or using the software wrong. Our sales tax filing software is easy to use, we’ll walk you through set up, and we are always available to help you if you run into a snag.

 

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