User’s Guide: Tax Holiday

Invoice/Quote, Knowledge Base, Taxes

A tax holiday is a time period during which some items are sold tax-free or partially tax-free. For example, during a tax holiday, customers may be able to purchase outdoor recreation items or school supplies and not pay sales tax. Or customers may be able to purchase some more expensive items, such as a $400 […]

Accounts receivable and sales tax reporting

Knowledge Base, Taxes

Paladin Data Corp’s accounting calculations and reporting methods—including sales tax reporting—follow generally accepted accounting principles (GAAP) and are designed to reconcile all presented data. Understanding the timing of revenue recognition is key to understanding sales tax reporting in Paladin Point of Sale. Investopedia, a global corporate finance and accounting firm, provides the following summary of […]

Avalara AvaTax™

About, Knowledge Base, Taxes

This article provides instruction and information on the following: How to get started with Avalara AvaTax™ How to set up Avalara AvaTax™ with Paladin How to manually update Avalara AvaTax™ address information How to manually send offline transactions to Avalara AvaTax™ How to manually update Avalara AvaTax™ tax information How to manually compare invoice tax […]

Avalara AvaTax™ only: Customer tax exempt code added

Knowledge Base, Setup, Taxes

This feature is for stores that use the Avalara AvaTax™ service with Paladin. In Paladin, on the top ribbon, select the Customers module. In the Electronic tab, you can select a tax exemption reason for a customer account in the Avalara Tax Exempt Code list. Figure 1: Paladin Customer module/Electronic tab/Tax Exempt Code If a […]

How to create a Comparative Revenue Report

Knowledge Base, Process, Reports, Setup, Taxes

This article provides instruction and information on the following: How to create a Comparative Revenue report Information about the Sales Tax Detail section of the Comparative Revenue report How to set Comparative Revenue report export How to set up department groups for the Comparative Revenue report How to create a Comparative Revenue report Note: The […]