We use Shopify to host a website for us. Starting in January 2025 if our customer uses some app Shopify has been deducting the sales tax from the payment to us, and paying the tax agency direct. They only pay us for the goods sold minus their processing fee. How do I record this in Quickbooks?
Below is what it said on Shopify's website when I was questioning it.
Sales tax in Shop
Starting on January 1, 2025, the Shop channel will automatically collect, remit, and file taxes for all orders shipping to or within the United States. The Shop channel collects taxes on orders in all states (plus the District of Columbia) that administer statewide sales tax, as well as Alaska local sales tax. Tax is reported under SC Commerce Services Inc. For more information on how these taxes are calculated, refer to the US taxes reference page.
Note
Orders placed using Shop Pay from online stores are excluded from these tax calculations. This only applies to orders placed on Shop app.
Please help. I can't find anything on this online other than what AI gave me, and I don't know if it is accurate.
