4 Great Sales Tax Calculator Apps for Your New Smartwatch
- November 20, 2015 | Stephanie Faris
Keeping up with sales tax can be one of the biggest challenges for a business owner. This is especially true of today’s increasingly mobile businesses, with professionals accepting payments at craft fairs and conferences. As sophisticated as your in-store POS may be, you don’t always have access to it when someone wants to make an impromptu purchase.
This year’s release of the Apple Watch has called attention to the already booming smartwatch market. With offerings from Samsung, Sony, LG, and more, these wearables are rapidly growing in popularity. Soon smartwatches will likely reinvigorate the dying wristwatch market, as consumers realize the value of having instant access to emails and texts.
One of the best things about a smartwatch is its convenience. While smartwatch apps are still limited, there are a few that can help professionals process orders on the go. One of those app types is the calculator, which can help businesses quickly calculate sales tax on the go. Here are a few great calculator apps that can help with determining sales tax quickly, whether you’re in the store or at an event.
For Apple Watch owners, Tax Me Pro is the most comprehensive sales tax calculator app available for the smartwatch. In addition to being able to quickly calculate sales tax, this app has a reverse tax calculator that can help with accounting. With the log mode feature, professionals can save a list of items and see totals with tax on all items. Price: $4.99.
In addition to adding sales tax to a purchase, this app also makes it easy to calculate discounts, either by dollar amount or percentage. If you’re offering a percentage-based discount to attendees at a conference or trade show, this feature can come in handy. If you need to reset all fields and start over, all you have to do is shake your wrist and the fields are cleared. Price: $0.99.
So far, Android watches are limited in calculator apps, but this sales tax calculator app is handy for one major reason: it allows users to input three separate sales tax rates and toggle between them easily. For professionals who regularly travel to the same couple of areas, that can be an extremely handy feature. Price: Free.
This advanced calculator app for Pebble watches can do the same as dedicated sales tax apps, thanks to a built-in VAT calculator. This calculator also allows professionals to calculate either dollar-based or percentage-based discounts. A built-in currency converter can help professionals who make sales while traveling overseas. Price: Free.
As more apps become available, business owners will learn that they can use their smartwatches to perform a wide variety of tasks. These sales tax calculators are a great way to make a sale on the fly, allowing businesses to increase their bottom line while still remaining compliant. These apps will become especially beneficial as more payment options become available that allow customers to send payments from device to device without using a card swiper.