What can clients edit in the sales tax settings?

The ability for clients to edit the filing basis for reporting for each sales tax agency is crucial because it directly affects how sales tax is calculated, reported, and remitted. This includes the frequency and method by which sales tax returns are filed, and it ensures compliance with the specific requirements of the various jurisdictions in which they operate. Proper management of the filing basis is essential for accurate reporting and maintaining good standing with tax authorities.

Editing sales tax rates applied to products is also important, but it is typically determined based on regulatory changes or product classifications, rather than solely a client-driven setting. Similarly, the chosen accounting method for their books and the types of sales they make may have more to do with overall business strategies and accounting practices than with the specific sales tax settings, limiting the level of client editing available in those areas.