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Diana_SB
Level 2

Sales Tax Payable

I recently connected my POS with QB Desktop.  When I go to pay my sales tax for the first time using the manage sales tax window the balances for each sales tax item is incorrect.  How do I adjust the balances for each sales tax item so I can start fresh as of a certain date?

Solved
Best answer March 10, 2022

Best Answers
MichelleBh
Moderator

Sales Tax Payable

Thanks for the clarification, @Diana_SB.

 

I'll help you every step of the way on how to adjust the sales tax item in QuickBooks Desktop. Thus, your transactions and reports are accurate at all times. 

 

If you want to increase the sales tax item, I'd recommend creating Sales Receipts. Let me show you how: 

 

  1. Go to the Customers menu and choose Enter Sales Receipts.
  2. Leave the Customer field empty and select 0% in the Tax drop-down arrow. If you don't have one, click Add New
  3. Pick the specific sales item in the first column and enter the adjustment amount. 
  4. Hit OK when you receive the message "Changing the amount of a tax line item may cause your sales tax reports to be incorrect."
  5. Click Save & Close
  6. Repeat the steps for other items you want to adjust. 

 

However, if you want to decrease, I'd suggest creating a Credit Memo. For the complete steps, see this article and directly go Negative AdjustmentProcess sales tax adjustment.

 

Feel free to visit this article on how to troubleshoot issues or unexpected results you may encounter while managing your sales tax in QuickBooks: How to resolve common sales tax issues.

 

Don't hesitate to leave a comment if you have any further questions. I'm delighted to assist you again. Keep safe, Diana.

View solution in original post

3 Comments 3
ShiellaGraceA
QuickBooks Team

Sales Tax Payable

Thanks for posting here today, @Diana_SB.

 

I'm here to guide you through the steps to create a sales tax adjustment. Let's go to the Vendor Center to see it.

 

  1. Go to Vendors. Then, tap Sales Tax.
  2. Choose Adjust Sales Tax Due.
  3. In the Sales Tax Adjustment window, enter the tax adjustment details.
  4. Click OK.

 

 

 

Want more details? Check out this article: Process sales tax adjustment.

 

Here's a link that'll help you manage taxes in QuickBooks. It has sales tax topics with articles that'll guide you along.

 

Drop a reply anytime below if you have other sales tax questions. I'll be around for you. Take care and have a wonderful day ahead.

Diana_SB
Level 2

Sales Tax Payable

I need to adjust the sales tax payable for each item listed in the sales tax window.  When I use the adjust sales tax window it only allows me to adjust the account not the items.  I want the items to have the correct sales tax due.

MichelleBh
Moderator

Sales Tax Payable

Thanks for the clarification, @Diana_SB.

 

I'll help you every step of the way on how to adjust the sales tax item in QuickBooks Desktop. Thus, your transactions and reports are accurate at all times. 

 

If you want to increase the sales tax item, I'd recommend creating Sales Receipts. Let me show you how: 

 

  1. Go to the Customers menu and choose Enter Sales Receipts.
  2. Leave the Customer field empty and select 0% in the Tax drop-down arrow. If you don't have one, click Add New
  3. Pick the specific sales item in the first column and enter the adjustment amount. 
  4. Hit OK when you receive the message "Changing the amount of a tax line item may cause your sales tax reports to be incorrect."
  5. Click Save & Close
  6. Repeat the steps for other items you want to adjust. 

 

However, if you want to decrease, I'd suggest creating a Credit Memo. For the complete steps, see this article and directly go Negative AdjustmentProcess sales tax adjustment.

 

Feel free to visit this article on how to troubleshoot issues or unexpected results you may encounter while managing your sales tax in QuickBooks: How to resolve common sales tax issues.

 

Don't hesitate to leave a comment if you have any further questions. I'm delighted to assist you again. Keep safe, Diana.

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