FIN: Simplifying Retail Sales Tax Audits
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.