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1) When making the invoice to account for promotional samples, can you be the customer? For example, I gave out shirts to models for them to promote my brand, since I don't always know the models, can I be my own customer and distribute the shirts as I like?
2) When making the journal entry to remove the income, do I use the full sales amount or the net income?
The above follow-up questions reference this previous post: https://quickbooks.intuit.com/learn-support/en-us/physical-inventory/write-off-inventory-items-given...
Welcome to the Community, @ajboutiqueatx.
I appreciate you for searching for a resolution that suits your needs.
Instead of making an invoice for promotional samples, you can use the Sales Receipt. This way, you don’t need to enter a customer’s name on the field. You can use the description or the memo field to identify the transactions.
I’ll show you how:
When creating a Journal Entry, I recommend contacting your accountant for this matter. They’ll know the best action for any adjustments.
You can refer to this resource for guidance with running financial reports and getting the details you need. It also has report features you may use moving forward: Run reports in QuickBooks Online.
Get back to me if there’s anything else I can help you with. I’ll be more than happy to assist you. Have a great day.
How do I handle the sales tax?
Hello, @ajboutiqueatx.
You can add the sales tax to the Sales Receipt, so it'll be calculated as if you were selling the t-shirts to one of your customers. All you have to do is check the Tax checkbox in the product/service section. QuickBooks will automatically calculate the sales tax for you based on the location the sale is at or a custom rate you created.
To view the calculations, you'll want to press the See the math button in the subtotal section. I've provided a screenshot below to show you where.
I'm only a comment away if you have any other questions. Enjoy the rest of your evening.
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