Stay compliant when tax gets complicated. Acumatica and Avalara have partnered to provide you with five essential steps for managing your exemption certificate process. Whether you’re selling tax-exempt goods or services, understanding the intricacies of exemption documents is crucial.
Streamline Tax-Exempt Sales with Avalara and Acumatica
Your Guide to Exemption Certificate Management
Making tax-exempt sales doesn’t exempt you from compliance. Stay informed, reduce risk, and streamline your exemption process with Avalara and Acumatica."
Here’s what you need to know:
- Identify Tax Obligations: Know where you have tax obligations. Understanding the jurisdictions where you operate is essential for compliance.
- Recognize Exempt Sales: Determine which sales qualify for exemptions. Properly identifying exempt transactions helps you avoid unnecessary tax liability.
- Collect the Right Documents: Understand what documents to collect for each sale. Whether it’s a resale certificate or an exemption form, accuracy matters.
- Validate Document Completion: Ensure that exemption certificates are correctly filled out. Mistakes can lead to audit risks.
- Efficiently Manage Records: Learn how to store and manage exemption certificates effectively. Having a centralized system simplifies compliance and reduces risk.
Get your guide to create an efficient exemption certificate management process today!
