If most of us had our way, taxes wouldn’t be a problem we had to deal with, particularly when it comes to sales tax. Why? Because sales tax can be a pain to understand and figure out- especially for business owners. It can be a full-time job just monitoring new tax rules and making sure that your organization is compliant. There must be an easier way, right?
PowerObjects teamed up with the trusted third-party tax provider- Avalara, to relieve some of the headaches that come with understanding and populating sales taxes. With PowerSalesTax, users can easily and most importantly accurately calculate sales tax on quotes, orders, and invoices within Microsoft Dynamics 365. In today’s blog, we will explain just how PowerSalesTax can increase productivity and save you time!
PowerSalesTax connects to your Avalara account using the AvaTax API, a subset of Avalara- an industry leader in sales tax management and compliance. Once the solution is imported and configured in your CRM environment, simply add the PowerSalesTax tab to any entity form, select Apply Tax and the solution will call out to Avalara to collect the tax information for you. This two-way connection ensures that real-time sales tax calculations flow directly from their up-to-date tax engine directly to the orders and invoices generated in your CRM. Just wait folks, it gets even better…
Need to calculate tax for multiple locations? No problem! PowerSalesTax uses the location entered in the “Address 1” fields on a record to calculate the appropriate tax for that region. City Tax (%), State Tax (%), Special District Tax (%), Country Tax (%), County Tax (%) will automatically be filled in with the percentage of tax that applies, based on the origin and address of the account you are taxing. Pretty cool, right?
For step-by-step instructions on how to set-up and configure PowerSalesTax in your Dynamics 365 environment check out the PowerSalesTax user guide. PowerSalesTax is one of thirty-one add-ons that PowerObjects has developed to enhance Dynamics 365 functionality. Like all PowerPack add-ons, a free 30-day trial of solution is available for download directly from the PowerSalesTax webpage.
Happy Tax Season and Happy Dynamics 365’ing!