With the passing of the new law that bans plastic bags and imposes a 5 cent fee on paper bags, we recently updated our POS system to add a new "product" item called "paper bag fee" of 5 cents. However, when we try to add this item on QBO, we have to assign the product to an income COA. Ideally, we'd like to assign it to a tax liability COA.
Is there a way to do this without having a journal entry for each sale receipt with this bag fee to reassign from income COA to a tax liability COA?
Thank you!
