Hi, as a non profit, we are exempt from state sales tax. It would be great if Ramp could identify state sales tax on receipts and code that amount to a specific GL code so we could eliminate manual intervention. Right now it is a manual process. Cecilia
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I wish that I could upvote this with more than just one like. It would be amazing if Ramp could use its AI for this task. I want to say it one of the webinars I attended it was mentioned that the AI could do this for alcohol so it doesn’t seem like too much of a stretch to apply it to sales tax. Thanks for bringing this up, Cecilia!
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I think this is a great idea! My assistant and I were just talking about how she was going to have to go through each invoice in Ramp to see if there was sales tax so we can get a reimbursement for it form the state.
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Hi, @ceciliac @mpaul @cmessmer - thank you for the feedback!
Sounds like this could be a helpful feature. I just submitted it as a formal product request. I will keep you updated if I hear from the team!
In the meantime, I encourage anyone else who agrees to upvote & comment on this thread.
Thank you,
Charlotte
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For Canadian customers this is not a fringe use case like in the US where only non-profits are eligible to recover state taxes. In Canada because of the way the GST/HST and ITC work together, every business is able to recover GST/HST paid on accounts payable, or any credit card transaction, so this is a must-have criteria for processing expenses for Canadian entities.
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@adam fyi this is for US non-profit sector, but the concept is pretty much the same as for the Canada GST/HST topic.
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Upvote here! We try to put the exemption form in all cardholders hands, but there are many instances when it’s not used or the vendor fights it. Would be great to run a report that pulls the values so we can submit the refund claim to the state.
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