Sales Tax Compliance | Financial Management
Nexus Monitoring
Registered, approaching, and not yet in scope, on one board, updated from the same invoices that drive your revenue. The states worth your attention are the ones you are close to, and those are the ones the board puts at the top rather than leaving you to find.
What it does
Inside Nexus Monitoring.
Connect your books, free. Activity is measured per state from your real invoices, with the states you are closest to at the top.
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Status board
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Headroom
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Trend
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Alerting
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Exposure estimate
06
Entity and channel split
Where it sits
Part of Sales Tax Compliance.
Audit Pack Source invoices, exemption certificates as they stood on the sale date, taxability decisions and sign-off, packaged per state and per period for a state audit. Economic Nexus Economic nexus tracked against every state as your sales happen. Exemption Certificates Exemption and resale certificates held against the customer with their expiry. Filing Calendar Every sales tax obligation tracked per state and per entity at the frequency that state assigned, with a named owner and status rather than a shared reminder. Filing Returns Sales tax returns drafted per state from the invoices behind them. Marketplace Facilitator Sales a marketplace already taxed, reconciled to your books. State Registration Where you are registered for sales tax, under which account number, from which date and at which filing frequency. Tax Engine Integration Keep Avalara or TaxJar for rate determination. The result posts back against the invoice, the customer and the period, so your books hold the evidence. Taxability and Sourcing Whether an item is taxable in a state, and which state the sale is sourced to, decided when the invoice is raised, with the rule applied recorded on the line. Use Tax Consumer use tax accrued when the bill is captured, not reconstructed at year end.
Run Nexus Monitoring against your books.
A working session on your structure and a month of your documents.