Tax Management

Tax Management in Sage Intacct encompasses various functionalities, including generating and filing 1099 forms through integration with TaxBandits, handling inter-entity transactions related to 1099s, and managing sales tax using Advanced Tax or AvaTax.

Why it matters

Accurate and efficient tax management is crucial for compliance and financial reporting. Sage Intacct's features help accountants and controllers streamline processes like 1099 filing (avoiding manual data manipulation), track inter-entity transactions impacting 1099 generation, and automate sales tax calculations through Advanced Tax or AvaTax.

When you use it

**1099 E-filing Integration:** Sage Intacct integrates with TaxBandits to facilitate electronic filing of 1099 forms directly from the system.
**Inter-Entity Transaction Handling:** When transactions occur between entities, the owning entity is responsible for issuing the corresponding 1099 form.
**Multi-Entity Support:** Issuing 1099s can be configured to generate separate forms per entity or printed from either a top-level or individual entity view.
**Advanced Tax Capabilities:** Advanced Tax automates sales tax calculation for Accounts Receivable, Order Entry, and Purchasing applications (depending on subscription).

Common tasks

Configure tax schedules and rates Set up tax groups for multi-jurisdiction Enable region-specific tax reports Configure tax-inclusive pricing

Related concepts

Used with

Tax Management is used by Accounts Payable Tax Management is used by Accounts Receivable Tax Management is used by Order Entry Tax Management is used by General Ledger

Source documentation

Sage Intacct Help

Neighborhood

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