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minie123
Level 2

Sales Tax Adjustment

Good afternoon.

I have invoices created in FieldEdge and when they are paid, I pushed them to Quickbooks Online. 

And that is fine,is working.

But, to pay Sale Tax from Quickbooks is problem now. I am getting different amount,example for March QB says $169 but if I manually calculate including all bills together (in FE and in QB) , I get $311.89.

I s it ok to do Adjustment for that amount? Or there is another way to do it? 

Before we were working in ESC and didn't have situations like this

 

Please help 

8 Comments 8
Charies_M
Moderator

Sales Tax Adjustment

Hello there, minie123.

 

Thanks for the detailed information about your concern. Allow me to share information on how to make sales tax adjustment in QuickBooks Online (QBO). 

 

Yes, you can make adjustment for that amount by following the steps provided below:

  1. Click the Taxes menu.
  2. Select the agency you're recording the payment.
  3. Click Record Tax Payment.
  4. Fill all the necessary information.
  5. Mark the Make Adjustment box, then enter information about the adjustment.
  6. Select Record Tax Payment.

To know more about managing Sales Tax Payment, feel free to check out this article: Manage Sales Tax Payment.

 

However, if you're using the Automated Sales Tax feature, here are the steps on how to do it:

  1. Click the Taxes menu from the left menu.
  2. Select the agency you're paying.
  3. Click View return.
  4. Click the + Add an adjustment link.
  5. Enter the reason for the adjustment, the account and the amount.
  6. Once done, select Record payment.

You can check out this article for a more detailed steps on how to use Automated Sales Tax.

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I'm always here if you have any other questions about Sales Tax Adjustment. Just leave a reply below and I'll get back to you.

minie123
Level 2

Sales Tax Adjustment

Thank you so much for your advise, I appreciate it!

 

Please, for the Reason, should I choose 'Other'?

And for Account to choose 'Sales Tax Paid'?

 

 

Charies_M
Moderator

Sales Tax Adjustment

Hello there, minie123.

 

I appreciate you for getting back. Let me continue to help you with adjusting Sales Tax in QuickBooks Online (QBO).

 

For the Reason column from the Record Sales Tax Payment window, you can type any reason that applies. It terms of choosing which account to use, I recommend consulting your accountant to ensure accuracy with the reports. 

 

I'm just a reply away should you have other questions while working with Sales Tax Adjustment. I'm always here to help.

minie123
Level 2

Sales Tax Adjustment

Thank you!

 

Charies_M
Moderator

Sales Tax Adjustment

You're most welcome, minie123.

 

It's always our pleasure to help you. Please know that you're always welcome to post any questions you may have in the future. Thanks for choosing QuickBooks. You have a great day.

minie123
Level 2

Sales Tax Adjustment

HMMM...I spoke to my accountant, she suggested to use Sales Tax Report for Cash instead of Accrual... She thinks that will be easier to follow. In that case, all invoices what they are paid and pushed from FieldEdge to QB will be included.

What do you think about that solution?

 

  

lynnkerr33
Level 1

Sales Tax Adjustment

Can the date be changed on the sales tax adjustment in QuickBooks Online?  I processed adjustment today for payment made on 3/16/19, but the adjustment is dated 4/26/19.

Thank you,

Lynn

Rose-A
Moderator

Sales Tax Adjustment

Thanks for looping in, lynnkerr33.

Allow me to share some information about changing the sales tax adjustment's date via QuickBooks Online.

 

Changing the sales tax adjustment's date isn't currently an option in QuickBooks Online. You'll need to delete and re-create the adjustment to enter the correct date.

 

 

You may find these articles helpful:

If you'd like to go through this over the phone, you can call our QuickBooks Online Support who will be happy to assist you. Our contact details can be found here along with our opening hours.

 

If you need additional assistance with sales tax in QuickBooks Online, don't hesitate to let me know. I'd love to help.

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