Xero Uncovers ‘Auto Sales Tax’ to Make Seamless Tax Calculations and Reporting

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Xero announced the release of its auto sales tax capability for companies to help them with reliable sales tax calculations, detailed reporting, and automated filing options.

Xero has developed it in partnership with Avalara, which is known for providing tax compliance automation. Avalara brings embedded solutions for advanced tax workflows and their management with the Xero platform. This will allow advisors and businesses to automate tax calculations, filing, and reporting at scale.

The new offering is well-suited for companies that delve into providing invoices for their products and services in Xero and operate across multiple jurisdictions. The use cases of auto sales tax will expand beyond invoices in the coming months.

Read More: Xero unveils ‘auto sales tax’ powered by Avalara making complicated tax calculations and reporting more seamless

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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