Events

FIN: Simplifying Retail Sales Tax Audits

Aug 24, 2016 | 1:45 PM3:02 PM CDT
Online
Included with membership

LINK TO SLIDES

The com­plex­i­ty of respond­ing to sales tax audits can cre­ate headaches for com­pa­nies that have to ded­i­cate finan­cial, legal, and IT resources to ensure that the right infor­ma­tion is avail­able to audi­tors when they want it. It is even more dif­fi­cult in high-pres­sure retail busi­ness­es that have to man­age thou­sands of stores with con­stant­ly chang­ing inven­to­ries and very few cen­tral­ized resources to gath­er the infor­ma­tion required. In this ses­sion, hear how North America’s num­ber one broad-line close­out retail­er, with 1,575 stores in the U.S. and Cana­da meets the demands of inten­sive sales audit requests with a sim­ple, one-step process that match­es sales receipts to finan­cial trans­ac­tions in the SAP ERP Finan­cials solu­tion. Using SAP POS Data Man­age­ment and near-line stor­age the com­pa­ny ensures that audi­tors have easy access to the com­pa­ny’s vast amount of retail trans­ac­tion data, improv­ing audit response time and increas­ing productivity.

Speak­ers:

Joey Guen­ther, Sr. Finan­cial Sys­tems Analy­sist, Big Lots! Stores, Inc.

Bri­an Shan­non, Dol­phin

Note:If you can­not attend the live broad­cast, the web­cast will be record­ed. The link to the record­ing will be post­ed on this event page and emailed to all registrants.