While running a store, setting up and maintaining taxes is challenging. When it comes to online stores, it gets even more complicated with tax calculations at a product level. Fortunately, ZenBasket is an e-commerce platform that lets you charge sales taxes on all purchases in the USA with automatic tax calculation. To take advantage of this functionality, all you need to do is – define your business location. Here we are going to discuss how ZenBasket’s tax integrations automate your billing procedure, making it safe, secure, and effortless.
How Do Automatic Taxes Apply?
In general, taxation policies vary from state to state so automatic taxes are calculated by zip code. Automatic taxes also take into account county and municipal taxes for your business. Municipal taxes are charged throughout your state. In few states, the tax will be charged based on the shopper’s location. In these cases, the tax rates vary by the shipping address. This means that you have to accept a range of possible tax rates that apply based on a country.
Zenbasket’s Tax Integrations
ZenBasket enables automatic tax calculation for your e-commerce store using integrations with third-party tax providers like TaxJar and Avalara. Using any of these integrations, the updated standard tax rates of your country will apply to all products in your shop.
Precise tax rates are determined in the checkout process, based on the distance between your customer and shop. The tax rates are specific to each order. Merchants have to provide up-to-date standard rates of taxes across the store and enable a tax integration for their store.
TaxJar helps in automating ZenBasket’s sales tax calculations, reporting, and filing taxes in minutes. Their sales tax experts track every update on sales tax laws and also monitor the potential changes for the eCommerce industry. To generate automatic taxes using TaxJar, first, you have to connect it to your ZenBasket account.
Start by signing up for a TaxJar account, then connect it with your Zenbasket account in the Integrations section. We will automatically import your transaction data into TaxJar. Your ZenBasket account is now synced with TaxJar and will manage tax calculations for every product during checkout.
Sales Tax Report – TaxJar
Once ZenBasket is synced with TaxJar, a sales tax report will be displayed that shows the updated tax rate collected all over the local jurisdictions, cities, and countries. Connect the other social media platforms on which you sell, and you will get an updated tax rate daily.Once ZenBasket is synced with TaxJar, a sales tax report will be displayed that shows the updated tax rate collected all over the local jurisdictions, cities, and countries. Connect the other social media platforms on which you sell, and you will get an updated tax rate daily.
Your TaxJar dashboard shows the report if you’re collecting enough sales tax and even when your returns are due. The sales tax returns were calculated by pre-defined information gathered from the merchant. When a user purchases a product, TaxJar automatically calculates the tax rate and sends the report to ZenBasket via AutoFile.
AutoFile is TaxJar’s electronic filing service for state sales tax. Once you are enrolled, TaxJar will use all the information from ZenBasket’s shopping carts to prepare and submit returns to the state, along with payments.
Avalara automatically calculates tax on all your sales using geolocation. By simply setting your default product and tax shipping codes, Avalara maps codes for every product and category. This code helps ZenBasket calculate the tax rates and provide rules for each transaction. When an order is placed from other states or countries, Avalara validates customers’ Pincode and calculates the taxes accordingly.
ZenBasket has partnered with the sales tax experts at Avalara to provide the users with an integrated sales tax tool that is easy to implement and use. Just by turning on Avalara tax integration, the accurate sales tax is applied to every purchase automatically. Avalara allows you to charge appropriate and accurate taxes automatically and maintains extensive records for your ZenBasket transactions.
ZenBasket is an all-in-one product workflow solution for eCommerce sellers that lets you create a professional online store with a few clicks. With its tax integrations – sales tax computing, recording, and porting is no more a shopkeeper’s nightmare.
ZenBasket handles the hurdles of automatic tax implementation for different products in various locations. This gives you more time to focus on your customers. Stop wasting time on your admin work. Start growing your business with Zenbasket.
Let ZenBasket take your business to the next level.