SUT Process Flows

Developing comprehensive policies and procedures to enable your company to comply with the numerous tax laws across multiple jurisdictions is a daunting and arduous task. Taxcient's sales and use tax compliance specialists can assist in this process. Taxcient will develop policies and procedures from the ground up that puts the proper controls in place to ensure compliance and minimize risk. Taxcient designs the SUT compliance process for both A/R (sales tax) and A/P (use tax) and develops the procedures to ensure these functions operate properly. In addition, Taxcient designs the internal controls and testing procedures for ensuring that each process is adhered to and can withstand any state tax audit. Finally, the policies and procedures can be the basis for the external financial statement auditors, when they document and examine the provisional tax liability at the end of a fiscal period. This saves you time, money, and exposure.