FAQ - Sage Intacct: Tax

Mark Louis

The Sage Intacct integration does not currently support tax tracking (importing tax rates from Sage Intacct, and exporting expenses with tax to Sage Intacct).

In the interim, Sage Intacct users can use Avalara AvaTax. You can read more about this option here and watch a demo of AvaTax for Sage Intacct here.

Lisbethg_22

Hi Mark, currently we track tax just like another GL account. That is the reason why i ask if the highlighted in the picture can be liked to a GL account?

The users have the ability to split the invoice and code the expense to the expense account, and the GST/HST. however, they feel like is an extra step when the tax can just be calculated on the expense (as shown in the picture). This leads to the user not splitting the invoice correctly, and us having the incorrect GST/HST reporting,

John Schuster

Thanks for sharing how you're doing that, @Lisbethg_22! Can you clarify what it is that your users are doing or not doing that leads to them not splitting the invoice correctly? I'm having a hard time understanding that.

As Mark mentioned above, the integration doesn't support tax, but maybe we can come up with a creative solution together that will benefit anyone else that has integrated with Sage Intacct and is trying to track tax. I'm open to giving it a shot!

Lisbethg_22

Hi John,

basically, users have identified that splitting the tax as a "category" in the expense is an extra step; when there is a function (highlighted on the image) that already splits the tax in the expense.

An idea is to link the tax tracking (highlighted box) to a GL account ( instead of a tax code or additionally to

Doc1.pdf

).

John Schuster

Thanks for clarifying that, @Lisbethg_22! I'm not quite following why you would want to track taxes against a GL account, but I'll admit, I know Expensify a great deal more than I know best practices for accounting.

For the uninitiated, why would you track taxes that way? Is it just a workaround, or is there another reason?

Lisbethg_22

Hi John,

Yes, is just a workaround Sage Intacct.