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Infor LX | Infor LN | BPCS | Baan | Infor M3

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Sales Tax Isn't an Issue for Us

Infor LX | BPCS | Infor LN | Baan

"Sales tax isn't an issue for us because all of our customers are exempt."   - Finance Manager, Manufacturing Co.

ARE YOU SURE YOU'VE GOT IT RIGHT?

One of the biggest misconceptions companies have in the manufacturing and distribution industries is that when you don’t charge sales tax, you don’t need to be concerned with sales tax compliance. In the post-Wayfair world, it is paramount for businesses to understand their nexus and the implications of that nexus.

Here are some questions you should be asking yourself to make sure you've got it right:

  • Are you selling into states you are not currently filing a sales tax return in? (including exempt sales)
  • Could your sales tax return process be improved?
  • Is your exemption certificate process audit-ready?

Learn more on Avalara's blog:


Contact Crossroads RMC to discuss how Avalara can help you save time, money and avoid the risk of a costly audit. Avalara provides the compliance expertise and Crossroads RMC provides the integration to Infor LN, Infor LX, Baan, and BPCS.  800.762.2077

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Tips:  LX | BPCS | M3

I recently came across an article from CIO Magazine that talked about the various ways that your ERP system could be hurting your business. The single most important item on that list referenced ERP systems that weren’t integrated with other systems that housed mission-critical business data.

Having data in two (or more) systems that don’t talk to one another is like baking a pizza crust in one oven and the toppings in another. Once baked, you may have some good food to snack on, but it sure isn’t pizza! Pizza requires the cheese and sauce and spices to bake with the crust. One takes on the flavor of the other and when you take a bite, you get a complete representation of the flavors.   

That’s the value of an integrated ERP system. When you take a bite, you get a complete representation of the flavors…meaning, you get one version of the truth. Everything comes together to allow you to analyze critical business data in an efficient way with no disconnects.

Crossroads consultants have spent years developing integration expertise to tie countless different systems to Infor ERPs.

Here are some examples…

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Tips: LN | Baan

All actions required for converting, validating, matching, and posting electronically received bank statements can be performed within a single session:

  • Bank Statement Workbench (tfcmg5610m100)
  • Bank Statement (tfcmg5610m000)

Alternatively, you can use the sequence of electronic bank statement sessions outlined below.

Steps to Process Electronic Bank Statements:

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