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Monitoring your Price Evolution

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Price increases are an integral part of maintaining your bottom line.  But if you are experiencing price competition, internal discounting could be overriding your price increase.   VEITS Group’s Price Tracker solution allows you to see where your price increases are sticking and where they are falling short.

Interested in learning more?  Click HERE.

Surcharges in SyteLine?

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The increasing costs of fuel and raw materials, supply shortages, inflation, and sales channel discounts are squeezing the bottom lines of many manufacturers.  Adding a surcharge is one way of helping to offset these costs.  However, SyteLine does not currently have a configuration to handle surcharges outside of precious commodities.   VEITS Group has developed a customizable solution to enhance your SyteLine system to allow for surcharges that follow specific parameters.   VEITS Group can set up surcharges by:

  • Customer (exclude or include certain customers)
  • Product
  • For a Specific Time Period (surcharge goes into effect on a certain date)
  • Shipped Goods (only charge for the portion that has shipped for partial shipments)

 

Contact us at VEITS Group to find out more!

 

Avalara Sales Tax Risk Assessment

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See if your business is vulnerable to noncompliance with a risk assessment from our partner, Avalara.

The first step to avoiding noncompliance starts with identifying where your business has nexus, or where you need to collect and remit sales tax. But with ever-changing rules, the different types of nexus can be confusing, and harder still to comprehend what they mean for your business. Historically, nexus required having a physical presence in the state, such as a store or warehouse. Over time, states extended sales tax nexus to common business practices such as employing remote staff, attending trade shows, and using drop shippers or third-party fulfillment services. Under these new rules, it’s easy to exceed nexus thresholds in one or more states without even knowing it.

The Avalara Sales Tax Risk Assessment helps identify where you’ve triggered nexus so you can meet your U.S. sales tax obligations. Avalara provides a downloadable report assessing where your business has physical or economic nexus, along with other resources to help you stay compliant.

For a limited time, Avalara is offering you a risk assessment for $3,000*  (usually costing $4,500 — a savings of $1,500!)

Click here to get started!

*Discount valid through March 31, 2022

Avalara Webinar: COVID-19 Tax Relief

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The current Covid-19 outbreak is affecting business operations worldwide.   VEITS Group’s partner, Avalara, is hosting a complimentary webinar this Thursday, April 16th at 2:00PM eastern to help businesses manage their operations during this volatile time.  Topics discussed will include:   

  • The steps being taken by governments across the globe to reduce the burden of COVID-19 on businesses, including reduced tax rates
  • Details on tax extensions being offered in the U.S.
  • How your business can take advantage of these relief efforts today

Click the link below to register for the webinar:

https://www.avalara.com/us/en/learn/webinars/covid-19-tax-relief-updates.html

 

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