During Tough Times, The Taxman Cometh: How Microsoft Dynamics GP Helps Ease the Pain

by Mark Polino, Director of Client Services, Fastpath
published March 31, 2009

We’ve got a full blown recession on our hands and everyone is trying to find ways to cope. Unfortunately, one of government’s coping mechanisms is to increase tax collection enforcement, especially local tax collection, and it certainly looks like enforcement is up. At this year’s Convergence convention in New Orleans for Microsoft’s Dynamics product line, sales and use tax reporting were definitely hot topics with customers who reported seeing increased government collection efforts.

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About Mark Polino

Mark Polino is a Certified Public Accountant (CPA) and a Microsoft MVP for Business Solutions. He is the author or coauthor of 5 books related to Microsoft Dynamics GP.  Mark also maintains the Dynamics GP focused website DynamicAccounting.net. He speaks and writes regularly about ERP related topics. Mark has been a controller and CFO for a division of a publicly traded company and he has  worked as a consultant implementing ERP solutions. Mark holds additional certifications including Certified Information Technology Professional (CITP), Certified in Financial Forensics (CFF) , Chartered Global Management Accountant (CGMA). Dynamics Credentialed Professional for Dynamics GP 2015 (Core Install and Core Financials), Xero Certified. He holds a bachelor's degree in accounting from the University of Central Florida and an MBA from Rollins College. Mark lives with his family in Florida.

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Other Sales Tax Management Option

On April 1st, 2009 nodell25 said:

Good article but also worth noting there are several other sales tax management services with integrations into Dynamics solutions including GP, NAV, AX, SL, CRM. Avalara for instance has been a major player in the transactional tax management space. Who could miss their Tiki Booth at Convergence every year?

Regardless the solution you choose to integrate into your Dynamics application it should be noted there are several providers to help with this cumbersome and error prone process.