Taxes
Thanks for reaching out to the Community, awilp.
If you've forgot to charge sales tax on an invoice payment, and need to collect it, you'll initially want to confirm your sales tax settings are set up properly.
Here's how:
- In the top menu bar, go to Edit, then Preferences.
- Access your Sales tax screen, then its Company preferences tab.
- For the Do you charge sales tax? option, choose Yes.
- Click Add sales tax item.
- Pick Sales Tax Item from your available drop-down list and enter its details.
- Select OK, then OK.
After you've made sure everything's set up correctly, you can delete the original invoice payment. After it's been deleted, you can re-open your invoice and review the Tax column on your table. Selecting Tax on a line item will indicate that it's taxable, and the invoice amount will be re-calculated.
Once you've set everything up appropriately, you'll pay your invoice twice. Once from the customer's end, and another payment from yourself. I'd additionally recommend adding a memo about this change to your invoice.
I've also included a detailed resource about working with sales taxes which may come in handy moving forward: Review sales tax reports
If there's any additional questions, I'm just a post away. Have an awesome Thursday!
Taxes
To do this, create a new invoice that will essentially tax the customer for nothing (accounting-wise).
1. Create an item to use for this purpose as a sort of wash item. Probably an other charge item. Use either a sales account or misc account. (The net impact to the account will be 0.00.)
2. Use the item on a new invoice. Enter it twice, once as a positive, and once as a negative, where only the positive instance is taxable.
When complete, it should look like this:
