Tax Management
NGRERP offers sales tax management to help control tax-related transactions and mitigate risk. NGRERP supports sales tax calculations at multiple levels and locations while also supporting the necessary variations to accommodate business activities in multiple countries. NGRERP also integrates with external tax packages to provide the optimum solution for management and reporting of tax liability and expense.
Tax Management Highlights
- Stores customer tax codes by customer bill-to address and ship-to locations
- Stores customer tax exemption certificates for all levels
- Allows separate tax status by product for product purchases and sales
- Supports tax calculations by country, state or province, county, city
- Posts sales tax to user-specified account
- Supports 1099 and W2 reporting and form printing
- Reports intercompany sales for reporting and tax purposes
- Supports integration of external tax packages