Dynamics NAV provides both sales and use tax functionality in the sales and purchasing modules. Flexible configuration allows different taxable statuses and tax rates with different combinations of customers and products or services sold.
Configuration can be setup at the detailed jurisdiction level or summarized by tax areas and reporting is also provided at various levels of detail.
Making Sales Tax Less Taxing:
Optionally, externally maintained tax tables are seamlessly integrated with Dynamics NAV to automate the sales tax compliance function for your business – speeding data entry time, improving accuracy and streamlining returns.
Much more than a sale tax calculator, a web-based sales tax management service can work behind the scenes to instantly validate the customer’s address, provide a correct sales tax calculation for each transaction, automatically generate pre-populated returns, and furnish up-to-the minute, detailed reporting.
Optional services include filing sales tax reports in all 50 states.