D365 Globalization Studio vs 3rd party taxation software

Hey all, I am looking for some input on managing indirect taxes, specifically US domestic Sales and Use Tax in D365.

I have started looking into solutions to cover our needs and have engaged the usual players like Avalara, Vertex, etc. I am aware the Globalization Studio keeps improving and offers a multitude of methods to manage taxation. Is anyone using this for US Domestic Sales and Use Tax calculation and reporting? If so, what is your experience with it? One of the main concerns we have with managing this internally using D365 is the lack of updates. Having a vendor managed solution may well provide us with better compliance with variations across multiple US States.

I appreciate any input here.

Thanks,
Steve

Hi Steven, There are improvements, but they still require a subscription service for the rates. Depending on the complexity of your business, I generally suggest an ISV such as the ones you mention or CCH. I have worked with all three over many years and each have their pros and cons so make sure you flush out requirements as much as possible.

Biggest elements of complexity:

** In how many states do you have nexus or SHOULD have nexus?

** Is the product or service you sell generally taxable? i.e. is it a tangible product? Services are generally not taxable although there are always exceptions (which is typically a main driver for an ISV).

** Do many of your customers have exemptions? Managing them effectively requires effort and can help justify an ISV for risk avoidance. D365 exemptions are universal for all regions, while ISVs can be jurisdiction specific.

** Do your customers have different ship to addresses? D365 customer exemption will apply the same to all of them.

** If the product you sell is tangible, can you ship it anywhere in the country, like an e-commerce business or do you only have a specific list of zip codes you sell into? There are 50,000+ jurisdictions

** Do you purchase inventory for resale? If yes, then you probably have vendor exemptions to provide and D365 can not distinguish which jurisdiction your exemption relates to like an ISV

** Are you a manufacturer with partial exemptions, e.g. 50% of machinery in some jurisdictions. I am not aware of a way for D365 to handle this.

** Do you have many locations where you are purchasing goods for internal use, especially within the same legal entity? D365 only allows for one rate per product or category per legal entity, so it may not be correct for all locations.

Hope this helps. Happy to hear of other opinions, but this is what I have found.

Best regards,
Gabor
PS: I am not a tax expert, but I do have several successful tax ISV implementations under my belt and am currently supporting my 2nd standard config with numerous legal entities.

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Hey Gabor, this is very useful information, thank you for the prompt reply.

There are a variety of complexities in play for our business particularly around exemptions for customers. One of the main reasons for seeking a systemic solution is not repeating our recent experience of completing audits for prior years in multiple States. That certainly opened up many avenues about purchase of goods for internal use and where they were actually used. It looks like D365 would be very limited in its application for such varied scenarios.

Thanks again!

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