Sales Tax

Nexsyis does not calculate tax but we try to help the customer understand any issues in how you are writing the estimate, and how you are marking the customer as tax exempt/ non-exempt in Nexsyis.

First, review any Folders that should be set to non-exempt as well as any Sales Tax Exceptions

It is a good idea to review that Folders are properly assigned to Fleets and monitor any tax discrepancies in the Estimating system. 

Going forward, managing these two areas will help resolve these issues:  

       1. Make sure that Fleet is being set on all Fleet vehicles because the Fleet record should be set to non-exempt

       2. Make sure that you are reviewing Sales Tax Exceptions that appear when you import estimates. This will tell you when Nexsyis believes that lines in the estimating system are incorrectly coded as taxable or non-taxable.

Use the following  process to report Sales Tax:

1. Close your GL periods for the month http://kb.nexsyiscollision.com/gl-periods. 
2. Under Accounting / Sales Tax, review and click “Finalize” at the bottom to finalize the month’s sales tax.
3. Under Reporting / Reports / Accounting / Accounts Receivable, run the Sales Tax Report. The Summary tab will show what should be paid.