Categories
Sales Tax

Do we charge sales tax on a discount amount

It really depends on state regulations and also discount type. You would need to contact your local sales tax agency for this answer.

FOR EXAMPLE

Any in-store discount may reduce sales tax. However, any manufacturer coupon still has to have sales tax paid on it.


 

Sign up QuickBooks subscription for new company. Or add additional company subscription for using the same user ID (choose “Already have an Intuit user ID?”)

Categories
Check Print Checks Sales Tax

How to print sales tax check in new QuickBooks Online?

From the blue navigation bar on the left > select Sales Tax tab > select “Record Tax Payment” blue button > New “Record Sales Tax Payment” screen will open > “Print a check” checkbox is located right below Notes field > select Checkbox > select “Record Payment and Print Check” blue button

Now, sales tax check in queue to be printed

From the Create (+) sign > select Print Checks

Follow other selections to preview and print check

QuickBooks Online: Where do I find the amount of sales taxes due

Sales Tax Center
Sales Tax Center
print sales tax check
print sales tax check

Categories
Sales Tax

Where do I find the amount of sales taxes due in new QuickBooks Online?

From the home page screen
Go to blue navigation bar on the left
Select Sales Tax tab
Sales Tax Center
Record Tax Payment button under Sales Tax Owed heading

Make sure tax period ending is correct.
Also, fill notes filed with resales certificate number.

QuickBooks Online: Where do I find the amount of sales taxes due

Categories
Reports Sales Tax

I don’t see any data when I run sales tax report. I list non taxable and taxable sales when I deposit sales

In order to get total sales and taxable sales with sales tax collected, you will need to run a “Sales by Customer Detail” report. This stand-alone report will not give you all the information you need to file the Sales Tax Return. You will need to further customize it to work-around.

To do this, you will to run a “Sales By Customer Detail” report, customize it and add “tax amount” and taxable amount” columns from selecting “Change Columns.

These are the necessary steps, you will need to take.

  • From the blue navigation bar on the left
  • Select Reports
  • Select “Go to report” (magnifying glass), type Sales by Customer Detail
  • Select “Sales by Customer Detail” from drop-down selector
  • Change Transaction Date as needed
  • Select “Customize” blue button (upper left)
  • Select “Change Columns” under Rows/Columns
  • Add Tax Amount (refers to tax collected)
  • Add Taxable Amount (refers to taxable sales)
  • Add Tax Name (if needed)
  • Select Remove button and remove unnecessary columns (optional)
  • Click OK button
  • Click Run Report

This will give Total Sales and Total Taxable Sales. Subtract these two columns in order to get Non-Taxable Sales.

Recommended: Also click “Save Customizations” button to make this as customized report for future use.

 

Customize Sales Tax Report - Change Columns
Customize Sales Tax Report – Change Columns

Customize Sales Tax Report - Total Sales and Taxable Sales

Customize Sales Tax Report - Taxable and Non-Taxable Sales

Categories
Sales Sales Tax

How to run Sales Tax Liability report to get Total Sales and Taxable Sales with Tax Collected in new QuickBooks Online?

In order to get total sales and taxable sales with sales tax collected, you will need to run a “Sales by Customer Detail” report. This report will not give you all the information you need to file the Sales Tax Return. You will need to further customize it to word around.

To do this, you will to run a “Sales By Customer Detail” report, customize it and add “tax amount” and taxable amount” columns from selecting “Change Columns.

These are the necessary steps, you will need to take.

From the blue navigation bar on the left

  • Select Reports
  • Select “Go to report” (magnifying glass), type Sales by Customer Detail
  • Select “Sales by Customer Detail” from drop-down selector
  • Change Transaction Date as needed
  • Select “Customize” blue button (upper left)
  • Select “Change Columns” under Rows/Columns
  • Add Tax Amount (refers to tax collected)
  • Add Taxable Amount (refers to taxable sales)
  • Add Tax Name (if needed)
  • Select Remove button and remove unnecessary columns (optional)
  • Click OK button
  • Click Run Report

This will give Total Sales and Total Taxable Sales. Subtract these two columns in order to get Non-Taxable Sales.

Recommended: Also click “Save Customizations” button to make this as customized report for future use.

Customize Sales Tax Report - Change Columns
Customize Sales Tax Report – Change Columns
Customize Sales Tax Report - Total Sales and Taxable Sales
Customize Sales Tax Report – Total Sales and Taxable Sales
Categories
Sales Tax

How do you delete/deactivate a sales tax code in new QuickBooks Online?

You can deactivate Sales Tax agency in the new QuickBooks Online.

From the homepage screen

  • Go to the blue navigation bar on the left
  • Select Sales Tax
  • Select Add/edit tax rates and agencies under related tasks
  • Locate Tax agency to deactivate and checkbox
  • Select Deactivate button
  • New warning screen will open
  • Click Continue and Done
add edit tax rates and agencies 1
add edit tax rates and agencies 1
add edit tax rates and agencies 2
add edit tax rates and agencies 2
Categories
Sales Tax

Do you have to separate the sales tax paid to a vendor when recording in QuickBooks Online?

Do you have to separate the sales tax paid to a vendor when recording in QB?

I have entered all the checks that were written. I just want to know if I need to go back and separate the sales tax that were paid to the vendors. If so, what would be the account to select?

You did alright.

There is no need to separate sales tax from Total Bill and coded it separately unless you’ve some local/state tax advantages.

What about when I’m imputing a bill for something I bought at the Home Depot and I’m going to BILL a customer for it. Do I need to have a separate line for the sales tax paid for that purchase?

If it’s a material purchased with sales tax and it’s also billable back to a customer as taxable item, it’s not easy handle it in QuickBooks. It also depends on state’s sales tax regulations as well. In some states, you will end up charging sales tax again to a customer even though you’ve already paid sales tax at purchase as non-resale item. You may have to get instructions from your local sales tax office.

Categories
Sales Tax

We do not charge Sales Tax on any our services. The “Sales Tax” feature was turned on by mistake. Now, how to remove this feature completely from the Invoice screen so that we don’t have to keep changing it?

Once “Sales Tax” feature is turned on, it cannot be turned off. You will always see the Sales Tax column when creating a transaction (Invoice or Sales Receipt).

To add new feature request to turn-off Sales tax, send feedback to Intuit here:

http://feedback.qbo.intuit.com/

Categories
Sales Tax

How do I print Sales Tax payment voucher for backup record in new QuickBooks Online?

They do not have a standard Sales Tax payment voucher to print at this time.

Best you can do is to print Sales Tax Payment statement.

From the home page screen

  • Select “Search” (magnifying glass, upper-middle next to plus sign)
  • Select Advanced Search
  • Select “Sales Tax Payments” as search setting from drop-down selector
  • Select “Account” or “Date”
  • Select “Search” blue button
  • Select “Print” icon (located at far right middle section)

See screenshot photo for reference

Sales Tax Payments
Sales Tax Payments