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pendryl
Level 1

How can I post monthly sales before and after tax for each month?

 
1 Comment 1
JamesM
QuickBooks Team

How can I post monthly sales before and after tax for each month?

Hi there,

 

Since this is your first post in the Community, I'd like to give you a warm welcome! I'd be happy to steer you in the right direction with entering your monthly sales in QBO. The process for recording monthly sales is similar to the one for recording daily sales. There's a helpful article which shows you how to enter daily sales in QuickBooks and I recommend taking a look at it here. While you review the article, make sure to replace the word "Daily" with "Monthly" so the article becomes more applicable to your situation. 

 

I'll attach some of the steps below but for the full steps, check out this article here.

 

Step 1: Create a customer for daily sales

 

You'll only use this customer account on your "end of day" sales receipt.

  1. From the left menu, select Sales, then Customers.
  2. Select New customer.
  3. Enter "Daily Sales."
  4. Select Save.

Step 2: Set up accounts for daily sales

 

Make sure your Daily Sales accounts are set up right. Doing so can help you a lot with accurate income reporting.

To set up daily sales accounts:

  1. Select the Gear icon on the Toolbar.
  2. Under Your Company, choose Chart of Accounts.
  3. Select New at the top right.
  4. Set up these accounts:

 

Give this a try and if you have questions, I recommend contacting our support team using this link.

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