Use tax is one of those things that many companies using Microsoft Dynamics GP immediately resort to third-party solutions without really considering the systems out-of-the-box capabilities. The reasons may be various, among them, a lack of awareness of the GP’s capabilities to begin with.
I had the opportunity to actively participate in the review of a document on Use Tax written by fellow Dynamics GP MVP, Mark Polino. In his document, Mark extensively covers the methods for configuring, tracking, and accounting for use tax in Microsoft Dynamics GP.
Please make sure you download and read Mark’s document as he has dedicated a significant amount of time working through the techniques and methods with GP out of the box functionality.
Until next post!
Mariano Gomez, MVP
Maximum Global Business, LLC