By completing this course, you will learn how to set up and use the Taxes subledger of Acumatica ERP for maintaining sales and use taxes. The current version of the course is valid for Acumatica ERP 2020 R2 Update 3 and later versions.

Through the examples, you will learn how to perform the following tasks in Acumatica ERP:

• Configuring a tax report for the tax agency
• Creating tax zones and categories
• Creating sales taxes
• Processing taxable documents
• Preparing a tax report for the period
• Voiding and again preparing the tax report
• Making tax adjustments to the prepared tax report
• Reconciling the tax report with the General Ledger module
• Releasing the tax report and closing the tax period
• Creating use taxes
• Selecting tax calculation rules