November 2007
Beginner to intermediate
528 pages
12h 39m
English
Content preview from QuickBooks® 2008 Solutions Guide for Business Owners and Accountants
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Chapter 12Reviewing and Correcting Sales Tax Errors
• Preferences That Affect Sales Tax
• Sales Tax Items, Groups, and Codes
• Assigning Sales Tax Codes to Products or Services
• Assigning Sales Tax Codes and Items to Customers
• Reports to Review When Troubleshooting Sales Tax Errors
• Unique Sales Tax Transactions
Your business might sell a product or service for which your state requires you to charge and collect sales tax at the time of sale. If your business does collect sales taxes, you are simply acting as an agent for the state by collecting this fee and later remitting it to the state. Each state, county, or city may have its own sales tax rates and ...
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