Plaza 365
Plaza 365

No results found for your search

RegisterLog in

5

Streamlining Tax Management with Microsoft Dynamics 365 Finance and Supply Chain Management’s Universal Tax Rate API

Visit article

#tax

Dynamics 365 Finance

Category

Mar 22, 2024

Published date

Text

Article Type

AI Summary

  • The Universal Tax Rate API in Microsoft Dynamics 365 Finance and Supply Chain Management aims to simplify tax management for businesses.
  • Businesses can set up and adjust tax rates and rules within D365 to accommodate different tax scenarios.
  • This feature is crucial for global businesses that need to manage tax rates and rules for each location to stay compliant.
  • Relying on manual processes for tax management can lead to mistakes and put companies at risk of legal issues and fines.
  • Many companies turn to third-party tax solutions for a more automated approach to tax calculations.
  • Integrating these solutions with D365 can be challenging and requires a deep understanding of the ERP system's data models and maintenance.
  • The Universal Tax Rate API integrates with third-party tax solutions like Vertex and Avalara.
  • The goal is to provide businesses with a seamless and automated tax calculation process while ensuring compliance with tax laws.

Registered users can view the full text for FREE!

Sign In Now!

Cookies Consent

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.