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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