SlideShare una empresa de Scribd logo
1 de 27
Descargar para leer sin conexión
Automating Your Sales Tax Compliance Requirements for AspDotNetStoreFront,[object Object],Matthew Grattan				,[object Object],OEM-ISV Channel Director,[object Object]
Taxable or Non-Taxable in NY?,[object Object]
Taxable or Non-Taxable in NY?,[object Object]
Taxable or Non-Taxable in CA?,[object Object]
Download Adobe Acrobat 9 Pro Extended,[object Object],https://www.adobe.com/downloads/,[object Object],Taxable or Non-Taxable in CA?,[object Object]
Taxable or Non-Taxable in CA?,[object Object],Download Adobe Acrobat 9 Pro Extended,[object Object],https://www.adobe.com/downloads/,[object Object]
What is Nexus?,[object Object],Challenges and Complexity of Sales Tax Compliance,[object Object],Shortfalls of Manual Compliance Processes,[object Object],‘Bullet-Proof’ Sales Tax Compliance with Avalara,[object Object],Demo,[object Object],Q & A Session ,[object Object],The Agenda,[object Object]
States define Nexus as a ‘tangible physical presence’ which creates the requirement to collect & remit Sales Tax.  Laws surrounding what constitutes Nexus vary state-to-state.  Some examples include:,[object Object],Salespeople,[object Object],Agents or Distributors,[object Object],Employees on Payroll ,[object Object],Training,[object Object],Trade Show Attendance,[object Object],Inventory / Warehousing ,[object Object],Servicing Tangible Personal Property,[object Object],What is Nexus?  ,[object Object]
Challenges of Sales & Use Tax Compliance,[object Object],Sales Tax is a statutory requirement,[object Object],Audit 	      Penalty & Loss	,[object Object],100% non-revenue generating activity,[object Object],Manual sales tax management:,[object Object],Labor-intensive ,[object Object],Leads to inaccurate results,[object Object],Costs $1,000s,[object Object],Complexity,[object Object],Compliance process – calculate, report, return, remit,[object Object],15,000+ taxing jurisdictions,[object Object],Thousands of changes to tax laws, including:,[object Object],Jurisdictional rate changes,[object Object],Tax holidays,[object Object],Jurisdictions that levy new taxes/eliminate taxes,[object Object],Jurisdictions that expand geographic boundaries,[object Object]
A ZIP+4 or street segment:,[object Object],May cross a county and/or municipality boundary,[object Object],Are not assigned to all physical streets, just those which the post office delivers,[object Object],Can change on a monthly basis,[object Object],There are over 40,000,000 ZIP+4’s nationwide,[object Object],There are over 600,000 monthly changes to the ZIP+4 file,[object Object], Rates tablesare only accurate 60% - 70% of the time nationwide,[object Object],Why are Zip Codes Ineffective in Determining Tax Jurisdictions?,[object Object]
Automating Your Sales Tax Compliance Requirements for ASPDNSF - Matthew Grattan, Avalara
Automating Your Sales Tax Compliance Requirements for ASPDNSF - Matthew Grattan, Avalara
Automating Your Sales Tax Compliance Requirements for ASPDNSF - Matthew Grattan, Avalara
Automating Your Sales Tax Compliance Requirements for ASPDNSF - Matthew Grattan, Avalara
Automating Your Sales Tax Compliance Requirements for ASPDNSF - Matthew Grattan, Avalara
7.85%,[object Object],80111 Taxes Represented:,[object Object],2.9% Colorado State,[object Object],.25% Arapahoe County,[object Object],1.0% Douglas County,[object Object],3.5% Englewood City,[object Object],3.0% Greenwood Village City,[object Object],2.5% Centennial City,[object Object],1.0% Regional Transport District,[object Object],.10% Football District,[object Object],.10% Science and Cultural District,[object Object],4.35%,[object Object],4.35%,[object Object],6.85%,[object Object],7.72%,[object Object],7.35%,[object Object],5.10%,[object Object]
Product Taxability in States & Jurisdictions is not consistent throughout the United States,[object Object],The following industries have varying taxability rules:,[object Object],Software / Hardware ,[object Object],Digital Goods ,[object Object],Services,[object Object],Medical device / equipment ,[object Object],Food / Beverage     ,[object Object],Clothing / Apparel,[object Object],School Related Products ,[object Object],And many other industries / products! ,[object Object],Understanding Product & Service Taxability Exceptions,[object Object]
Manual Compliance Costs*All facts and figures from an independent study of 551 accounting and financial professionals in small to mid sized businesses,[object Object],70% of businesses surveyed have been audited in the past 3 years,[object Object],Average penalties: $34,000 per audit,[object Object],Managing sales tax manually is costly,[object Object],Under $1M revenue: 13.5% of sales tax dollars collected,[object Object],$1M to $10M in revenue: 5.2% of sales tax dollar collected,[object Object],Preparing Returns is costly as well,[object Object],33% say preparing and remitting sales/use tax forms takes 24 full accounting days per year,[object Object]
Managing Local Tax Tables,[object Object]
Monthly Updates to Zip Files,[object Object],Copyright © Avalara, Inc. All Rights Reserved.,[object Object]
Burdensome & Audit Risk Prone:,[object Object],Customers provide invalid certificates; difficult to follow-up w/customers,[object Object],Inadequate process for reviewing certificate validity,[object Object],Cannot track certificate expirations and requests,[object Object],Billing errors occur due to inaccurate and incomplete cert data,[object Object],Lack of reports for certificate exposure and analysis,[object Object],Difficult to locate and provide certificates to auditors,[object Object],Large, recurring audit assessments,[object Object],Managing Exemption Certificates Manually? ,[object Object]
Avalara is Solving the ChallengeAvaTax is the fastest, easiest, most accurate and affordable way to calculate, report, return, and remit transactional tax,[object Object],Simplifying Sales Tax Compliance through Automation,[object Object],Outsource sales tax requirements,[object Object],Save time & money,[object Object],Reduce audit risk,[object Object],Avalara is the Leader in Web-Based Sales Tax Solutions,[object Object],Chosen by 10,000 + customers,[object Object],Trusted provider for 350 million+ calculations annually ,[object Object],Processing over 25,000 returns per month ,[object Object],Remitting more than $16 billion in sale tax filings annually ,[object Object],Recommended by over 2,000 software application resellers, CPA’s, and business consultants,[object Object],One of only 4 Certified Service Providers under the Streamlined Sales Tax (SST) Project ,[object Object]
Sampling of Avalara Clients,[object Object]
Avalara Sales Tax Management Service to Achieve Compliance,[object Object]
Automating Mgt of Exemption CertificatesAvaCert – EASY AS 1-2-3!,[object Object],1. Lookup Valid Cert,[object Object],2. Send Cert Request ,[object Object],3. Customer Electronically Submits Valid Cert,[object Object],[object Object]
AvaTax transfers cert data and exempts relevant transactions automatically,[object Object]
     Matthew Grattan | OEM-ISV Channel Director | avalara®direct: 206.826.4900 ext.1138  matthew.grattan@avalara.com,[object Object],Questions - ,[object Object],Thank you for your time today,[object Object],?,[object Object],?,[object Object],?,[object Object],?,[object Object]

Más contenido relacionado

Más de AspDotNetStorefront

Developer Conference afternoon of 11-7-13
Developer Conference afternoon of 11-7-13Developer Conference afternoon of 11-7-13
Developer Conference afternoon of 11-7-13AspDotNetStorefront
 
Developer Conference morning of 11-7-13
Developer Conference morning of 11-7-13Developer Conference morning of 11-7-13
Developer Conference morning of 11-7-13AspDotNetStorefront
 
Building Shopper Confidence for Increased Conversions and Profit - Jeff Grass...
Building Shopper Confidence for Increased Conversions and Profit - Jeff Grass...Building Shopper Confidence for Increased Conversions and Profit - Jeff Grass...
Building Shopper Confidence for Increased Conversions and Profit - Jeff Grass...AspDotNetStorefront
 
How 5 Sites Got More Traffic & More Sales by Building Trust - Bob Angus, Versign
How 5 Sites Got More Traffic & More Sales by Building Trust - Bob Angus, VersignHow 5 Sites Got More Traffic & More Sales by Building Trust - Bob Angus, Versign
How 5 Sites Got More Traffic & More Sales by Building Trust - Bob Angus, VersignAspDotNetStorefront
 
Live Chat Insight: Online Customer Engagement has Evolved - Ian Rowley, Who's On
Live Chat Insight: Online Customer Engagement has Evolved - Ian Rowley, Who's OnLive Chat Insight: Online Customer Engagement has Evolved - Ian Rowley, Who's On
Live Chat Insight: Online Customer Engagement has Evolved - Ian Rowley, Who's OnAspDotNetStorefront
 
Engaging the Right Visitor with the Right Message at the Right Time - Michael...
Engaging the Right Visitor with the Right Message at the Right Time - Michael...Engaging the Right Visitor with the Right Message at the Right Time - Michael...
Engaging the Right Visitor with the Right Message at the Right Time - Michael...AspDotNetStorefront
 
Master Pages for All Ages - George Solomon, Vibe Commerce
Master Pages for All Ages - George Solomon, Vibe CommerceMaster Pages for All Ages - George Solomon, Vibe Commerce
Master Pages for All Ages - George Solomon, Vibe CommerceAspDotNetStorefront
 
Switzerland: The Ideal Location for the International Distance Seller - Aless...
Switzerland: The Ideal Location for the International Distance Seller - Aless...Switzerland: The Ideal Location for the International Distance Seller - Aless...
Switzerland: The Ideal Location for the International Distance Seller - Aless...AspDotNetStorefront
 
The Value of Building Better Product Data - Ryan Douglas, SingleFeed
The Value of Building Better Product Data - Ryan Douglas, SingleFeedThe Value of Building Better Product Data - Ryan Douglas, SingleFeed
The Value of Building Better Product Data - Ryan Douglas, SingleFeedAspDotNetStorefront
 
Automated Shopping Cart Abandonment - Ross Kramer, Listrak
Automated Shopping Cart Abandonment - Ross Kramer, ListrakAutomated Shopping Cart Abandonment - Ross Kramer, Listrak
Automated Shopping Cart Abandonment - Ross Kramer, ListrakAspDotNetStorefront
 

Más de AspDotNetStorefront (12)

Developer Conference afternoon of 11-7-13
Developer Conference afternoon of 11-7-13Developer Conference afternoon of 11-7-13
Developer Conference afternoon of 11-7-13
 
Developer Conference morning of 11-7-13
Developer Conference morning of 11-7-13Developer Conference morning of 11-7-13
Developer Conference morning of 11-7-13
 
Developer Conference 11-6-13
Developer Conference 11-6-13Developer Conference 11-6-13
Developer Conference 11-6-13
 
Social Sells and How!?
Social Sells and How!?  Social Sells and How!?
Social Sells and How!?
 
Building Shopper Confidence for Increased Conversions and Profit - Jeff Grass...
Building Shopper Confidence for Increased Conversions and Profit - Jeff Grass...Building Shopper Confidence for Increased Conversions and Profit - Jeff Grass...
Building Shopper Confidence for Increased Conversions and Profit - Jeff Grass...
 
How 5 Sites Got More Traffic & More Sales by Building Trust - Bob Angus, Versign
How 5 Sites Got More Traffic & More Sales by Building Trust - Bob Angus, VersignHow 5 Sites Got More Traffic & More Sales by Building Trust - Bob Angus, Versign
How 5 Sites Got More Traffic & More Sales by Building Trust - Bob Angus, Versign
 
Live Chat Insight: Online Customer Engagement has Evolved - Ian Rowley, Who's On
Live Chat Insight: Online Customer Engagement has Evolved - Ian Rowley, Who's OnLive Chat Insight: Online Customer Engagement has Evolved - Ian Rowley, Who's On
Live Chat Insight: Online Customer Engagement has Evolved - Ian Rowley, Who's On
 
Engaging the Right Visitor with the Right Message at the Right Time - Michael...
Engaging the Right Visitor with the Right Message at the Right Time - Michael...Engaging the Right Visitor with the Right Message at the Right Time - Michael...
Engaging the Right Visitor with the Right Message at the Right Time - Michael...
 
Master Pages for All Ages - George Solomon, Vibe Commerce
Master Pages for All Ages - George Solomon, Vibe CommerceMaster Pages for All Ages - George Solomon, Vibe Commerce
Master Pages for All Ages - George Solomon, Vibe Commerce
 
Switzerland: The Ideal Location for the International Distance Seller - Aless...
Switzerland: The Ideal Location for the International Distance Seller - Aless...Switzerland: The Ideal Location for the International Distance Seller - Aless...
Switzerland: The Ideal Location for the International Distance Seller - Aless...
 
The Value of Building Better Product Data - Ryan Douglas, SingleFeed
The Value of Building Better Product Data - Ryan Douglas, SingleFeedThe Value of Building Better Product Data - Ryan Douglas, SingleFeed
The Value of Building Better Product Data - Ryan Douglas, SingleFeed
 
Automated Shopping Cart Abandonment - Ross Kramer, Listrak
Automated Shopping Cart Abandonment - Ross Kramer, ListrakAutomated Shopping Cart Abandonment - Ross Kramer, Listrak
Automated Shopping Cart Abandonment - Ross Kramer, Listrak
 

Último

EMEA What is ThousandEyes? Webinar
EMEA What is ThousandEyes? WebinarEMEA What is ThousandEyes? Webinar
EMEA What is ThousandEyes? WebinarThousandEyes
 
Automation Ops Series: Session 2 - Governance for UiPath projects
Automation Ops Series: Session 2 - Governance for UiPath projectsAutomation Ops Series: Session 2 - Governance for UiPath projects
Automation Ops Series: Session 2 - Governance for UiPath projectsDianaGray10
 
Q4 2023 Quarterly Investor Presentation - FINAL - v1.pdf
Q4 2023 Quarterly Investor Presentation - FINAL - v1.pdfQ4 2023 Quarterly Investor Presentation - FINAL - v1.pdf
Q4 2023 Quarterly Investor Presentation - FINAL - v1.pdfTejal81
 
Design and Modeling for MySQL SCALE 21X Pasadena, CA Mar 2024
Design and Modeling for MySQL SCALE 21X Pasadena, CA Mar 2024Design and Modeling for MySQL SCALE 21X Pasadena, CA Mar 2024
Design and Modeling for MySQL SCALE 21X Pasadena, CA Mar 2024Alkin Tezuysal
 
The New Cloud World Order Is FinOps (Slideshow)
The New Cloud World Order Is FinOps (Slideshow)The New Cloud World Order Is FinOps (Slideshow)
The New Cloud World Order Is FinOps (Slideshow)codyslingerland1
 
Top 10 Squarespace Development Companies
Top 10 Squarespace Development CompaniesTop 10 Squarespace Development Companies
Top 10 Squarespace Development CompaniesTopCSSGallery
 
UiPath Studio Web workshop Series - Day 3
UiPath Studio Web workshop Series - Day 3UiPath Studio Web workshop Series - Day 3
UiPath Studio Web workshop Series - Day 3DianaGray10
 
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptxGraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptxNeo4j
 
How to become a GDSC Lead GDSC MI AOE.pptx
How to become a GDSC Lead GDSC MI AOE.pptxHow to become a GDSC Lead GDSC MI AOE.pptx
How to become a GDSC Lead GDSC MI AOE.pptxKaustubhBhavsar6
 
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - TechWebinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - TechProduct School
 
UiPath Studio Web workshop series - Day 2
UiPath Studio Web workshop series - Day 2UiPath Studio Web workshop series - Day 2
UiPath Studio Web workshop series - Day 2DianaGray10
 
Oracle Database 23c Security New Features.pptx
Oracle Database 23c Security New Features.pptxOracle Database 23c Security New Features.pptx
Oracle Database 23c Security New Features.pptxSatishbabu Gunukula
 
UiPath Studio Web workshop series - Day 4
UiPath Studio Web workshop series - Day 4UiPath Studio Web workshop series - Day 4
UiPath Studio Web workshop series - Day 4DianaGray10
 
Explore the UiPath Community and ways you can benefit on your journey to auto...
Explore the UiPath Community and ways you can benefit on your journey to auto...Explore the UiPath Community and ways you can benefit on your journey to auto...
Explore the UiPath Community and ways you can benefit on your journey to auto...DianaGray10
 
Outage Analysis: March 5th/6th 2024 Meta, Comcast, and LinkedIn
Outage Analysis: March 5th/6th 2024 Meta, Comcast, and LinkedInOutage Analysis: March 5th/6th 2024 Meta, Comcast, and LinkedIn
Outage Analysis: March 5th/6th 2024 Meta, Comcast, and LinkedInThousandEyes
 
March Patch Tuesday
March Patch TuesdayMarch Patch Tuesday
March Patch TuesdayIvanti
 
Key Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdfKey Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
 
CyberSecurity - Computers In Libraries 2024
CyberSecurity - Computers In Libraries 2024CyberSecurity - Computers In Libraries 2024
CyberSecurity - Computers In Libraries 2024Brian Pichman
 
LF Energy Webinar - Unveiling OpenEEMeter 4.0
LF Energy Webinar - Unveiling OpenEEMeter 4.0LF Energy Webinar - Unveiling OpenEEMeter 4.0
LF Energy Webinar - Unveiling OpenEEMeter 4.0DanBrown980551
 
The Importance of Indoor Air Quality (English)
The Importance of Indoor Air Quality (English)The Importance of Indoor Air Quality (English)
The Importance of Indoor Air Quality (English)IES VE
 

Último (20)

EMEA What is ThousandEyes? Webinar
EMEA What is ThousandEyes? WebinarEMEA What is ThousandEyes? Webinar
EMEA What is ThousandEyes? Webinar
 
Automation Ops Series: Session 2 - Governance for UiPath projects
Automation Ops Series: Session 2 - Governance for UiPath projectsAutomation Ops Series: Session 2 - Governance for UiPath projects
Automation Ops Series: Session 2 - Governance for UiPath projects
 
Q4 2023 Quarterly Investor Presentation - FINAL - v1.pdf
Q4 2023 Quarterly Investor Presentation - FINAL - v1.pdfQ4 2023 Quarterly Investor Presentation - FINAL - v1.pdf
Q4 2023 Quarterly Investor Presentation - FINAL - v1.pdf
 
Design and Modeling for MySQL SCALE 21X Pasadena, CA Mar 2024
Design and Modeling for MySQL SCALE 21X Pasadena, CA Mar 2024Design and Modeling for MySQL SCALE 21X Pasadena, CA Mar 2024
Design and Modeling for MySQL SCALE 21X Pasadena, CA Mar 2024
 
The New Cloud World Order Is FinOps (Slideshow)
The New Cloud World Order Is FinOps (Slideshow)The New Cloud World Order Is FinOps (Slideshow)
The New Cloud World Order Is FinOps (Slideshow)
 
Top 10 Squarespace Development Companies
Top 10 Squarespace Development CompaniesTop 10 Squarespace Development Companies
Top 10 Squarespace Development Companies
 
UiPath Studio Web workshop Series - Day 3
UiPath Studio Web workshop Series - Day 3UiPath Studio Web workshop Series - Day 3
UiPath Studio Web workshop Series - Day 3
 
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptxGraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
GraphSummit Copenhagen 2024 - Neo4j Vision and Roadmap.pptx
 
How to become a GDSC Lead GDSC MI AOE.pptx
How to become a GDSC Lead GDSC MI AOE.pptxHow to become a GDSC Lead GDSC MI AOE.pptx
How to become a GDSC Lead GDSC MI AOE.pptx
 
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - TechWebinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
 
UiPath Studio Web workshop series - Day 2
UiPath Studio Web workshop series - Day 2UiPath Studio Web workshop series - Day 2
UiPath Studio Web workshop series - Day 2
 
Oracle Database 23c Security New Features.pptx
Oracle Database 23c Security New Features.pptxOracle Database 23c Security New Features.pptx
Oracle Database 23c Security New Features.pptx
 
UiPath Studio Web workshop series - Day 4
UiPath Studio Web workshop series - Day 4UiPath Studio Web workshop series - Day 4
UiPath Studio Web workshop series - Day 4
 
Explore the UiPath Community and ways you can benefit on your journey to auto...
Explore the UiPath Community and ways you can benefit on your journey to auto...Explore the UiPath Community and ways you can benefit on your journey to auto...
Explore the UiPath Community and ways you can benefit on your journey to auto...
 
Outage Analysis: March 5th/6th 2024 Meta, Comcast, and LinkedIn
Outage Analysis: March 5th/6th 2024 Meta, Comcast, and LinkedInOutage Analysis: March 5th/6th 2024 Meta, Comcast, and LinkedIn
Outage Analysis: March 5th/6th 2024 Meta, Comcast, and LinkedIn
 
March Patch Tuesday
March Patch TuesdayMarch Patch Tuesday
March Patch Tuesday
 
Key Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdfKey Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdf
 
CyberSecurity - Computers In Libraries 2024
CyberSecurity - Computers In Libraries 2024CyberSecurity - Computers In Libraries 2024
CyberSecurity - Computers In Libraries 2024
 
LF Energy Webinar - Unveiling OpenEEMeter 4.0
LF Energy Webinar - Unveiling OpenEEMeter 4.0LF Energy Webinar - Unveiling OpenEEMeter 4.0
LF Energy Webinar - Unveiling OpenEEMeter 4.0
 
The Importance of Indoor Air Quality (English)
The Importance of Indoor Air Quality (English)The Importance of Indoor Air Quality (English)
The Importance of Indoor Air Quality (English)
 

Automating Your Sales Tax Compliance Requirements for ASPDNSF - Matthew Grattan, Avalara

  • 1.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.

Notas del editor

  1. Because our Tax solution is a transactional based pricing model, it is cost effective for businesses of all sizes, from start-up to major enterprises. This is what I call a “credibility slide” – Some of these companies do millions of transactions a year with us.I also want you to know that CFO’s & Controllers of major corporations, with significant sales tax exposure, have evaluated AvaTax and determined it’s the best way to calculate & remit sales tax.Here’s the coolest thing – the demo that I’m about to show you, is the exact same tax engine that companies such as Dupont, Borders, and Xerox are using today –