InSource, the Food and Beverage Module, is the first in a series of industry-specific optional return modules RIA will offer within its InSource Sales & Use Tax software. The module includes 97 returns for Illinois, Virginia, North Carolina, and South Carolina. Sales and use transactions are tagged prior to import with a code that indicates their specialized tax characteristics. A transaction coded with this information will flow to the proper state and/or local return lines and is subject to the appropriate tax rate and calculations for food and beverage sales.
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Price: $5,000. RIA: (800) 865-5257.