Webinar Recap: Highlights from "Simplifying Tax Reporting with Gingr"

Tax season can feel overwhelming, but Gingr is here to simplify the process for you!

In our latest webinar, we highlighted the tools and features within Gingr that streamline tax preparation and financial reporting, helping businesses feel more prepared for the season ahead. If you missed it or want a refresher, here’s a recap of the most important points covered!

Streamline Tax Reporting with the Sales Tax Report

The webinar kicked off with a walkthrough of the Sales Tax Report, a key feature that simplifies reporting and helps you stay organized. Key highlights included:

• Running the report for specific date ranges to review critical details such as subtotal charges, taxable charges, exempt charges, refunds, and collected taxes.
• Exporting reports as CSV files or printing them as PDFs for accountants or internal records.
• Adjusting tax settings directly within the interface to confirm rates and set item-specific tax rules.

Another standout feature of Gingr is the ease of separating taxable and exempt charges, which makes it simple to compile accurate reports without confusion.

Organize Financial Data with Account Codes

We also covered the functionality of Account Codes, which enable businesses to categorize financial data for better insights. These codes can:

• Group services like boarding, daycare, grooming, and retail into high-level categories and subcategories.
• Assist in integrating with accounting software like QuickBooks.
• Provide clear visibility into revenue and refunds.

Gingr's flexible interface, including its drag-and-drop setup, makes adding account codes simple to implement. While tax settings don’t apply retroactively, updates to account codes reflect even past transactions, offering a major advantage in reporting.

Leverage the Sales Receipt Report

We wrapped up discussing the Sales Receipt Report, designed to pull together categorized financial data for easier monthly reconciliations. Key benefits of this report include:

• Viewing both daily and aggregate revenue within a 31-day range.
• Breaking down revenue by account codes to identify unassigned or miscategorized data.
• Exporting and printing reports for collaboration with accountants or other stakeholders.

This report is particularly useful for reconciling discounts, refunds, taxable charges, and exempt revenue streams, ensuring no details are overlooked.

Tax season can be done in a snap with Gingr. With features like the Sales Tax Report, Account Codes, and Sales Receipt Report, our solutions provide the tools your business needs to stay organized and prepared. If you have questions or need assistance with any of the features discussed, Gingr Support is here to help. Stay tuned for future webinars packed with tips and tools to elevate your pet-care business!

Market your pet-care business seamlessly with Gingr. Get a demo!

Missed the webinar? Watch the full recording here.