Using Microsoft Dynamics to Reduce Audit Risk

Tax compliance. It is one of those tasks that can drive your accounting department or bookkeeper crazy. It’s also an unavoidable, statutory requirement. Undoubtedly you have developed a process that works, but do you know how that process will hold up in an audit? With an average audit penalty of $34,000 and the average total cost for a business to manage a sales tax audit of $96,552, most companies cannot afford to make a mistake, even if it’s a little one. The consequences of making mistakes are dire.

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