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DatasheetGeneral Business

Tax Management

Acumatica's Tax Management module simplifies tax calculation, reporting, and compliance by integrating with financial systems, automating tax entries, and supporting multi-jurisdiction tax requirements.

What you'll learn

  • Comprehensive Tax Calculation: Supports sales, use, VAT, and reverse VAT taxes with automated calculation based on tax zones assigned to customers, vendors, or employees.
  • Integrated Compliance and Reporting: Connects tax management to all financial modules, automating tax filing reports and ensuring compliance with local and international regulations.
  • Flexible Tax Configuration: Configure multiple tax rates, schedules, and exceptions, with options for manual adjustments to handle complex tax scenarios.
  • Automated Tax Integration: Works with Avalara AvaTax and Vertex for automated sales tax decisions, covering over 11,000 tax jurisdictions.
  • Real-Time Audit Trails: Maintains detailed records of tax transactions with drill-down capabilities, ensuring accuracy and traceability for audits.
"Acumatica actually calculates the excise for us. Pre-Brexit, we were registered excise dealers. Post-Brexit, we've become customs agents…We couldn't have switched the ease with which we did without Acumatica. It's been quite a brilliant thing, really." - Louise Smale, Finance Director, Cave Direct, Inc.
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