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MAS 500 Avatax Spec

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Sage MAS 500 ERP BENEFITS Protect yourselffromthe riskofanaudit Automate salestaxcalculat ion,product taxabilityrules,reporting,andreturns Experienceseamlessintegrationwith yourSageMAS500ERPsolution Eliminatetheneedtoresearchand maintainsalestaxcodesorschedules Setbestpracticesinsalestax compliance Useonetaxscheduleforallcustomers Getbacktofocusingon revenue- generatingactivities! Sage MAS 500 Sales Tax T ake the worries out of sales tax compliance! Count on Sage MAS 500 Sales Tax. Powered by AvaTax. Dealingwithsalest axdoesn’t havetobet ime-consumingand error -prone:Aut omatesales taxprocesseswithSageMAS500SalesTax.  Your challenge Forcompaniesd oingbusinessina myriadofjurisdictions, salestaxcomp lianceisa complexnightmar e.Forprote ctionagainstthe consequences ofnoncompliance, large corporationswithI Tandtaxde partmentsd eployexpensive, complexsoftwar esystems.  Thealternative—man uallyresear chingandmaint ainingrates—isthe worst-casescen ario intermsofaudit risk.Butwha thappenswhenyourbusiness can’taf fordorstaf fforsuch IT-intenseenterprisesoftwaresystems?  Your solution Sagemakesautomationforany businesssimple,withSageMAS500 SalesT ax:Ahosted, web-service-b asedsolutionthat automaticallyp erformsaddr essvalidation,sales tax  jurisdictionresear ch,andrate calculation—allont heywithinyou raccountingapp lication, withnochange toyourexistingwork ow. Fullydetailedr eportsarea lwaysatyour ngertips, andreturnsareautomaticallyprepopulatedandgenerated.It’seasy:SageMASSalesTax takesjustminute stodownload andinstall.Set upnexusand taxability ,andbegin accessing thisprofessionallymaintainedtaxe ngineoverasecu reInternetcon nectiontoapp lyadress,  jurisdiction,andra teinformationtoe verytransaction—withinthesame order -entryor customersetup screenyou’ vealwaysused . The bottom line WithSageMAS500Sa lesT ax,yougetth ebigbusinessp rotectionofsales taxautomation withoutbrea kingyourbudge t,strainingyourinte rnalresources, orcompromisingon functionality .Withthepea ceofmindofsale staxcompliance —andthec ostbenetsof dramaticallystreamlinedorder-entryandremittanceprocesses—SageMAS500SalesTax couldbethe besttechnology investmentyourb usinessmakes thisyear .
Transcript
Page 1: MAS 500 Avatax Spec

8/3/2019 MAS 500 Avatax Spec

http://slidepdf.com/reader/full/mas-500-avatax-spec 1/2

Sage MAS 500 ERP

B E N E F I T S

•Protectyourselffromtheriskofan

•Automatesalestaxcalculation,pr

taxabilityrules,reporting,andretu

•Experienceseamlessintegrationw

yourSageMAS500ERPsolution

•Eliminatetheneedtoresearchandmaintainsalestaxcodesorsched

•Setbestpracticesinsalestax

compliance

•Useonetaxscheduleforallcusto

•Getbacktofocusingonrevenue-

generatingactivities!

Sage MAS 500 Sales Tax

Take the worries out of sales tax compliance!

Count on Sage MAS 500 Sales Tax. Powered by AvaTax.

Dealingwithsalestaxdoesn’thavetobetime-consuminganderror-prone:Automatesales

taxprocesseswithSageMAS500SalesTax.

 Your challenge

Forcompaniesdoingbusinessinamyriadofjurisdictions,salestaxcomplianceisa

complexnightmare.Forprotectionagainsttheconsequencesofnoncompliance,large

corporationswithITandtaxdepartmentsdeployexpensive,complexsoftwaresystems.

 Thealternative—manuallyresearchingandmaintainingrates—istheworst-casescenario

intermsofauditrisk.Butwhathappenswhenyourbusinesscan’taffordorstaffforsuch

IT-intenseenterprisesoftwaresystems?

 Your solution

Sagemakesautomationforanybusinesssimple,withSageMAS500SalesTax:Ahosted,

web-service-basedsolutionthatautomaticallyperformsaddressvalidation,salestax

 jurisdictionresearch,andratecalculation—allontheywithinyouraccountingapplication,

withnochangetoyourexistingworkow.Fullydetailedreportsarealwaysatyourngertips,

andreturnsareautomaticallyprepopulatedandgenerated.It’seasy:SageMASSalesTaxtakesjustminutestodownloadandinstall.Setupnexusandtaxability,andbeginaccessing

thisprofessionallymaintainedtaxengineoverasecureInternetconnectiontoapplyadress,

 jurisdiction,andrateinformationtoeverytransaction—withinthesameorder-entryor

customersetupscreenyou’vealwaysused.

The bottom line

WithSageMAS500SalesTax,yougetthebigbusinessprotectionofsalestaxautomation

withoutbreakingyourbudget,strainingyourinternalresources,orcompromisingon

functionality.Withthepeaceofmindofsalestaxcompliance—andthecostbenetsof

dramaticallystreamlinedorder-entryandremittanceprocesses—SageMAS500SalesTax

couldbethebesttechnologyinvestmentyourbusinessmakesthisyear.

Page 2: MAS 500 Avatax Spec

8/3/2019 MAS 500 Avatax Spec

http://slidepdf.com/reader/full/mas-500-avatax-spec 2/2

Small investment. Big return. Peace of mind.

Enterprise-class capabilities at a price any business

can afford.

Comprehensive, accurate calculation

 Acorrectsalestaxcalculationstartswithidenticationofallapplicable

taxingjurisdictionstoastreetaddress.Foreverycalculation,SageMAS

SalesTaxperformsaddressvericationandthenlocatestheexact

streetaddresswithinajurisdictionusingageocodingmappingsystem.

 Thecalculationismade,referringtopresetusercongurationsincluding

nexus,taxjurisdictionalissues,exceptionprocessing,producttaxability

rules,sourcingrules,splitrates,andmaximumtax.Allofthishappens

transparentlyinthebackground,automaticallyupdatingyour

accountingapplication.

 Automated reporting and returns generation

Easilyaccessibleuserinterfaceandreportingplatformprovides

detailed,summary,andexceptionreportstoexceedstatutorytax

returnrequirements.Viewsanddrill-downsencompasscustomer/ 

invoice,product,reasonforexemptions,jurisdictionalinformation,and

adetailedbreakoutofratesandtaxesbyjurisdiction.Anincorporated

returnsplatformprovidessophisticatedselectionofrequiredforms,

prepopulationoftaxdataforaspeciedlingperiod,andintelligent

calculationswithintheform.Arevisionapprovalprocessisincluded,

permittingSageMASSalesTaxtomaintainrecordsofadjustments.

On-Demand Service

Seamless Integration

with Sage MAS 500

 AutoAddress+

 AutoJurisdiction

Statutory Requirements—Sales Tax

Reporting

Returns

Experience always-on, real-time access with no maintenance and no upgrade ees. You’ll get scalable printing, unlimited user

licenses, and a proessionally managed repository or addresses and taxes. Never worry about needing to dedicate an IT resource

or implementation.

Integrate this system easily and seamlessly with your Sage MAS 500 solution, with no risk to your data integrity or your accounting

system. This noninvasive integration is transparent to the end-user, experiencing no changes to the internal process o the ERP.

Integration includes: Customer fle, vendor fle, inventory fle, line item detail, and more.

Decrease data entry time and reduce shipping rates with the best source o address data in the country. The AutoAddress+ coding

accuracy support system corrects, standardizes, and validates—with a millisecond response time. No update process is required.

Never research or maintain a tax rate or tax schedule again. Never make a rate decision again. Never make a mistake.

 AutoJurisdiction works to return correct jurisdiction and rate or each transaction. Automatically receive rate research and validation

on every line item o every transaction. Collect correct amounts and eliminate the need or manual selecting/assigning.

Reduce audit risk and ensure that you are charging the correct amounts. Get coverage o over 12,000 jurisdictions in North

 America, with consideration to all sourcing rules in every line item. Automatically calculate taxability based on point o origin, point o

acceptance, exceptions, exemptions, and more. Get best practices in sales tax compliance and never make a mistake.

 Access all data securely online with ease, and get best practices in sales tax compliance. Consolidate data on multiple companies,

export in standard data ormat, and reduce audit risk. Get a monthly remittance report in minutes and access line item details,

taxable/nontaxable items, reason codes, and location codes. Revenue and cost account reconciliation has never been this easy.

 Automate the entire returns process and collect sales tax inormation rom various internal and external sources. Your tax data is

automatically populated onto the orm, rom inormation supplied by your accounting application. Decrease errors while reducing

data entry time.

Sage MAS 500 ERP I Sage MAS 500 Sales T

 F e

 a t u r e s

56TechnologyDrive

Irvine,California92618

800-854-3415

www.SageMAS.com

©2010SageSoftware,Inc.Allrightsreserved.Sage,theSagelogos,andtheSage

productandservicenamesmentionedhereinareregisteredtrademarksortrademarksof

SageSoftware,Inc.,oritsafliatedentities.Allothertrademarksarethepropertyoftheir

respectiveowners.09-1951003/10

About Sage North America

SageNorthAmericaispartofTheSageGroupplc,aleadingglobalsupplierofbusinessmanagementsoftwareandservices.SageNorthAmericaemploys

morethan4,100peopleandsupportsnearly3.1millionsmallandmedium-sizebusinesscustomers.TheSageGroupplc,formedin1981,wasoatedon

theLondonStockExchangein1989andnowemploys13,400peopleandsupports6.1millioncustomersworldwide.Formoreinformation,pleasevisitthe

websiteatwww.SageNorthAmerica.com


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