Thank you for visiting the Community, @wkenzb4me.
Let me give you a few ways to record your tax adjustments in QuickBooks and guide you on how to perform each of them.
If you’re referring to your sales tax adjustment, you can adjust it from your Sales Tax Center. Feel free to follow these steps:
But if you’re referring to an adjustment on your B&O tax, you can create a Journal Entry. Here’s how:
Also, I recommend seeking help from your accountant about recording your tax adjustments. This way, he/she can give you the best advice about the adjustments on your taxes and the designated accounts.
Please let me know if you’re referring to something else or if you have any other concerns. I’ll be here to help.
I am having the exact same problem. The Sales Tax Center used to show all tax agencies and all months under Sales Tax Owed. Now, because I have not had any sales tax liability so far this year, nothing shows there for "current year." The only "agency" listed is "Original Sales Tax" and the "Record Tax Payment" option is grayed out. If I select "previous year" I can see my tax agency and all months, even months with no tax liability. This is a problem because I need to enter a late filing fee. I've never had an issue with this until this year. I could always select the agency, select the month, and enter an adjustment for late fees.
Hi there, @tjkirk,
The Record Tax Payment is grayed out since you have no sales tax owed this year.
The amount showing on the Original Sales Tax Payable is the tax you owed last year. To resolve this, you can toggle to the previous year and record your payment.
You can also write a check however, it will not appear in the recent sales tax payments table below. What you need to do is edit each transaction that is part of the Original Sales Tax Payable amount. For each transaction you'll need to:
Once transactions are re-associated, you need to make a journal entry. This is to move the liability from the current sales tax liability account to the original liability account.
To learn more on how to record sales tax payments, you can go through this article: Manage sales tax payments.
That will fix this right up. Let me know how everything goes by leaving a comment below. I'm always around whenever you have follow-up questions.