Provision Connect has partnered with Avalara's AvaTax Service and TaxCloud's Online Tax Service to calculate taxes on purchases made within the procurement platform. Clients will need an Avalara or Taxcloud account in order to calculate tax based on location. Once the tax service has been indentified and configured, any buyer that has been marked as taxable (or sent to the system marked dynamically as taxable) will have tax calculated on the PO and subsequently the customer invoice (or receipt).
There is no need to calculate tax after a PO has been processed. The calculation is stored with the PO header level information and remains within the application to be sent to your accounting software when used in conjunction with the Accounting Connect module. We take the headache out of calculating taxes.
For more information, please contact Us: 713-252-5160
