Can I do a sales tax return adjustment decrease?

Hello, Ashley. 

Thank you for contacting QuickBooks Online support. I understand you need help decreasing sales tax return adjustment in QuickBooks Online. I'm here to help you with the process.

Adjusting sales tax returns requires attention and expertise to ensure accuracy and compliance with tax regulations. To assist you best, I recommend contacting our dedicated support team, which specializes in tax adjustments and can provide you with the necessary guidance.

By seeking help from our support team, you can be assured that your sales tax return adjustment decrease will be handled correctly, avoiding any potential errors or miscalculations. Our experts are trained in QuickBooks Online and have the knowledge and experience to assist you in making the necessary tax adjustments.

Please provide our support team with the specific details of your sales tax return adjustment decrease so they can assist you promptly and accurately. They will guide you through the steps required to adjust your sales tax return in QuickBooks Online and ensure that your records remain up-to-date and compliant.

To contact our support team, please follow these steps:

1. Log in to your QuickBooks Online account.
2. Click the Help icon located in the upper right-hand corner.
3. In the Help window, click the Contact Us button at the bottom. 
4. Choose a way to connect with us: Start a chat or Get a callback.

Our dedicated support representatives will gladly assist you in making the necessary sales tax return adjustment decrease. 

Please check out these helpful resources for more information:

• File your sales tax return and record tax payments in QuickBooks Online.
• Set up and use automated sales tax in QuickBooks Online.

Thank you for choosing QuickBooks Online, and we look forward to helping you with your sales tax adjustment. Have a great day!

Same problem

Thank you for bringing this to our attention, @TeleToast. I understand the importance of adjusting your sales tax return in QuickBooks Online, and I appreciate you taking the time to highlight this issue. Accurate sales tax reporting is crucial for maintaining compliance and ensuring your business's financial health. Let me outline some guidance to assist you with modifying your sales tax return in QuickBooks Online (QBO).

First off, you'll need to set up an account for sales tax adjustment. Given that your objective is to reduce the amount of sales tax, it's crucial to understand that you'll need to utilize an income account for this adjustment. An income account is an appropriate choice in this scenario because decreasing sales tax effectively increases your business's income.

Here's how:

1. Navigate to the Gear icon, then click Chart of accounts.
   
   
2. Select New.
3. From the Account Type dropdown, select Income.
4. On the account's Detail Type, use Sales of Product Income.
5. Name your adjustment account and click Save and Close.

Now, let's move into adding an adjustment. Follow the steps below how:

1. Go to taxes, then select Sales tax.
   
   
2. In the Due Date Start and Due Date End dropdowns, enter the date range and click Refresh.
3. Find the tax period you need to adjust, then select View return.
4. Select Add an adjustment.
5. Select the reason for the adjustment from the Reason dropdown menu.
6. Add an adjustment date.
7. Select the income account you created under the Account dropdown menu.
8. Enter the adjustment amount and hit Add.

Furthermore, for detailed guidance in deleting your sales tax adjustment in QuickBooks Online (QBO), I encourage you to explore this article as a valuable reference: Delete a sales tax adjustment.

Please keep in mind that ensuring the success of your business workflow is our top priority, @TeleToast. We are dedicated to providing you with the support and resources you need to thrive. If you have any additional concerns, or questions, or require further clarification on any QuickBooks topic, we encourage you to reach out. Click the Reply button below, and we will be more than happy to assist you. Your satisfaction and success are important to us, and we are here to help you every step of the way.