Please Wait a Moment
X

Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

Crossroads Connections

Infor ERP Tips & News from the Experts

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

Understanding Taxability Rules Is Key To Sales Tax Compliance

Avalara for Infor LN | Baan | Infor LX | BPCS

Crossroads RMC 0 6198 Article rating: 5.0

Product taxability may seem straightforward because there are generally only two options: taxable or exempt. Yet that seemingly simple contrast fails to truly capture the inherent complexity of sales tax compliance. In fact, it’s a multistep process that starts with determining where a business has sales tax nexus. Knowing whether the products or services one sells are taxable or exempt is critical to the compliance process, from start to finish.

The good news is that you don’t have to be a tax expert, nor do you need to stay up on the latest tax rules and regulations in each state or country where you do business. Avalara handles all of this for you and Crossroads RMC provides the integration to Infor LN, Infor LX, Baan, and BPCS to make staying compliant a no-brainer.

Want to learn more?...

Get Tax Compliance Right in 2021!

Webinar: February 9, 2021 1:00 PM CST / 2:00 PM EST

Crossroads RMC 0 6038 Article rating: 5.0

We brought in our partners at Avalara to make sure you are up-to-speed on recent sales and use tax changes and ready for those to come in 2021. We’ll cover:

  • The impact of COVID-19 in 2020 and its influence on 2021
  • Why understanding economic nexus and its triggers is more important now than ever
  • New tax obligations resulting from increased marketplace sales
  • The international market and changes to cross-border e-commerce compliance
  • Answers to your questions – live!

Date/Time: February 9, 2021 at 11 AM PST / 1 PM CST / 2 PM EST
Duration: 45 minutes
Cost: Free!

Don’t miss this in-depth review of the 2020 sales tax changes you need to know about in order to have a successful 2021.

Register Today>

Infor M3 Webinar: Consumer Use Tax 101: What's all the fuss about for manufacturers and distributors?

Frank Petrasio 0 8896 Article rating: 5.0

You are invited to a Zoom webinar.

Date/Time: Wednesday, October 14th 10:00 a.m. CDT / 11:00 a.m. EDT
Topic: Consumer Use Tax 101: What's all the fuss about for manufacturers and distributors?

Your business makes a purchase and you notice the seller doesn’t collect sales tax. So it must be tax free, right? Wrong. Consumer use tax may still apply, and if you’re not actively tracking use tax obligations, you could be making a costly mistake.

Put simply, use tax is owed on a purchase when the seller does not collect sales tax, or when the use of the product/service (or the location of consumption) results in more tax being owed. Sound complicated? It is, and that’s what makes use tax one of the most mismanaged compliance issues for businesses.

We brought in our partners at Avalara to dive in. For this session, learn more about consumer use tax, what it is, and when your business may be on the hook to pay it.

  • The events that can trigger consumer use tax requirements
  • The most common consumer use tax management challenges
  • The impact of economic nexus laws on consumer use tax
  • How your business can step up compliance to avoid being audited


This will be one ‘use-ful’ webinar that you won’t want to miss!

Register Today>

RSS
1234567

Theme picker

Tips:  LX | BPCS | M3

The Infor Development Framework (IDF) re-architects the way a user interacts with the application, providing an efficient, task-oriented process to view application information that is contained within Infor LX. IDF enables users to configure their view of the application data without modifying the core application and its supportability.

The examples below describe how users can configure their display of data and maximize overall productivity:

  • Arrange application information into multiple groupings and sequences that make sense for the job.
  • Filter or hide records to show only the information that applies to the job or task that the user is performing.
  • Customize the information for an individual user, a group of users, or all users.

Infor’s Intelligent Open Network (ION) technology easily integrates Infor ERPs and third-party enterprise systems. ION is an advanced middleware cloud platform that provides the flexibility you need to make the most complex web of enterprise systems work together on-premise, in the cloud, or both. ION’s long-term sustainability will optimize your ROI, and with ION, one application can be upgraded, replaced, or even fail without taking the entire network down.

Benefits:

  • Faster integration and upgrade times
  • Access to real-time information
  • Reduced burden on IT
  • Immediate access to business services like reporting and mobility

For older BPCS installations that don’t use ION, Crossroads RMC has the expertise to build powerful adapters to allow your specific BPCS version to communicate and exchange information with virtually any sub-system that can import/export data.
 

Infor ION Intro Video (2:11)

1345678910Last

Theme picker

Tips: LN | Baan

Transactions to be mapped - In the mapping scheme, you must define the ledger mapping and the dimension mapping for these types of transactions:

  1. Financial integration transactions resulting from logistic events in Operations Management.
  2. General Ledger transactions.
  3. Procurement card transactions in Accounts Payable.


In addition, to support dimension accounting...

As crazy as it sounds, we’re about to enter the 4th Quarter of 2021. How are you doing on your 2021 goals? Planning for 2022 projects? Maybe it's time to get more out of your Infor ERP system.

TIME TO UPGRADE or NOT?

Is an upgrade to the latest version of Infor LN the goal for 2022? If so, Crossroads RMC brings 35+ years of industry experience to the table to ensure that your upgrade achieves the results you’re looking for and does so on time and on budget. Our goal is to delight your users and maximize the efficiencies that your business can gain from implementing best-of-breed business practices.

Crossroads RMC's team of expert consultants will...

1345678910Last

Theme picker

Categories