Five Ways AP Can Drive Sales and Use Tax Compliance

Sales and use tax noncompliance can cause a significant dollar drain. The good news is that the AP department is in the ideal position to ensure that vendors are charging the company the correct applicable sales taxes, and also to ensure that the company is accruing use tax where appropriate. “The accounts payable organization is on the front line when it comes to validating vendor sales tax charges and accuracy of use tax assessments,” stresses Kai Ranabargar, Founder and Principal, Tax…