cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

Trapped in Automated Sales Tax Center. Help!

When I file my sales tax with my state, the amount due is calculated by the state. The amount never matches what QBO calculates. That's because the state includes factors that QBO knows nothing about. One of these is use tax owed by my business on purchases of equipment that my business made without paying sales tax. The state rolls such use taxes into my sales tax due. Because the state and QBO calculate different amounts, QBO shows a discrepancy after I enter the actual amount I paid to the state. Should I just ignore the discrepancy? (Does it have any bad effects?) I tried making an "adjustment" to the amount in QBO, but any adjustment must be assigned an account, and the whole idea of account is irrelevant here. Oh, for a little artificial intelligence in this app!

1 Comment
Highlighted
Level 15

Trapped in Automated Sales Tax Center. Help!


@Qollzem wrote:

 Because the state and QBO calculate different amounts, QBO shows a discrepancy after I enter the actual amount I paid to the state. Should I just ignore the discrepancy? (Does it have any bad effects?) I tried making an "adjustment" to the amount in QBO, but any adjustment must be assigned an account, and the whole idea of account is irrelevant here. Oh, for a little artificial intelligence in this app!


QB does not, has not, ever tracked use tax, so you have to do it manually.  Yes you make an adjustment, the account you use is an expense account you set up, I call it use tax paid, increase the sales tax paid amount and use that account for the offset entry

Need to get in touch?

Contact us