基于项目的税收：简化复杂性.pdf

1、Project-based Taxes:Simplify the ComplexityEkaterina(Kate)Stepalina2Presented byEkaterina(Kate)StepalinaTechnical Product Manager,Projects&Construction3AgendaIntroductionProjects cost side:purchase orders and Accounts Payable(AP)billsSales tax and use taxBuilt-in rules vs integrated tax calculation(

2、Avalara)Capturing tax expenses in project balanceProjects revenue side:project billing and project invoices:pro forma invoice,Accounts Receivable(AR)invoiceSeparate revenue tax zone and cost tax zone of projectGross contract amounts in project quote,progress billing and project balanceInclusive tax

3、in case of retainageSummary and Key TakeawaysQ&A|Survey Completion4Business Need:Tax Accounting with Project Accounting SpecificsProject CostsPurchases can be multiple and frequent,requiring a lot of data entryIts important to capture all expenses,including the tax-related ones,on project for accura

4、te profitability reporting for each projectFinal tax on material purchase is calculated based on project address Project RevenuesDepending on contract with the client,conditions for tax calculation and invoicing may varySales/GST tax must be accurately calculated in the project invoiceBillings and r

5、evenue budget performance must be accurately calculated and presented in the project balance and reports5Project CostsSales tax and use tax calculation in purchase orders and AP billsPosting of tax expenses on projectIntegrated tax calculationExclusive and inclusive tax calculation along with net/gr

6、oss amount option at the AP document levelSupport for retainage and retained taxesProject RevenuesExclusive and inclusive tax calculation across projects revenue budget,invoices,actuals,WIPSupport for retainage in either tax calculation modeSupport for retained taxesIntegrated tax calculationTax acc