Quickbooks Point of Sale Financial Exchange Problem

Hello, ambitionsupplyllc. 

I have a couple of solutions you can do to resolve the penny differences for the sales tax. 

You'll want to ensure you have the latest QuickBooks Point of Sale and Pro Plus updates. Doin so helps prevent issues like sales tax calculation. You can check these articles for the steps on how to update both programs: 

• Update Quickbooks Point of Sale
• Update QuickBooks Desktop to the latest release

The penny differences can also be caused by conflicting sales tax rates. You'll want to compare and edit the tax rates in QuickBooks Desktop and Point of Sale. Here's how:

In QuickBooks Desktop:

1. Go to Lists, then select Item List.
2. Find the Sales Tax Item and open it.
3. Check and edit the rates. 
4. Click OK. 

In Point of Sale:

1. From File menu, select Setup Interview.
2. Go to the Sales Tax tab.
3. Edit and change the tax rate. 
4. Click Done.

If you need help with the sales taxes, check these articles for a reference: 

• Set up sales tax in QuickBooks Desktop
• Set up sales tax in QuickBooks Desktop Point of Sale
• Manage Sales Tax in Point of Sale when running Financial Exchange

After dealing with the sales tax penny differences, do you need help running reports for your sales? This article can help you understand how to pull up the best sales report: Understand reports.

I'm willing to help you with anything else in both Point of Sale and QuickBooks Desktop. Just say the word below and I'll help you out. If you need help with something else with the Financial Exchange process, I'm all ears and ready to assist. 

Hello,

I tried both solutions and Quickbooks Desktop and POS are already running the latest version, and the sales tax rate is configured a 6% in both programs.

Thanks.

Hi,

Are you able to help?  I cannot figure this issue out.

Thanks

Hello there, ambitionsupplyllc.

I want to direct you to our Phone Support Team who can closely look into the sales tax setup and rate discrepancies. They have the resources that can securely check your account and do a remote session. Here's how to contact them: 

1. Click Help and select QuickBooks Desktop Help.
2. Enter a brief description of your concern and then Continue.
3. Select the best way you'll want to reach out to us.

Alternatively, you can check out this page where you can contact us outside the system: Contact QuickBooks Desktop support.

I'm just here to help you. You can also post again or leave a reply if you need more help. Take care!

Were you able to figure this out?  We are having the same problem.  Thanks!

Hello,

No, unfortunately we have not been able to figure it out.  Quickbooks still hasn't been any help.  At the end of every day we double check each and every sale and modify if necessary.  Usually about 10% of our daily sales are wrong and have to be manually fixed in Quickbooks.  Sorry, I wish I had better news.

Chris