Other questions

I understand that the Sales Tax Liability report can sometimes be complex, especially when it comes to managing upfront deposits, Dooney. I’d like to clarify how this report works and what you can expect to see.

To better assist you, could you please specify which particular column in the report shows sales receipt as taxable or non-taxable? If possible, sharing a screenshot would be very helpful, as this information is essential for me to provide you with the accurate clarification and resolution you need.

The Sales Tax Liability report provides an overview of your sales activities during a specified period, including both taxable and non-taxable sales. If you’re looking at the Taxable Sales column, please note that only transactions marked as taxable will appear there. If this is unclear, we may need to review how the items related to that sales receipt are created in QuickBooks.

On another note, the Total Sales column in the report indicates the total sales specific to that period, representing the total revenue generated from selling goods or services before any adjustments. The Non-Taxable Sales column includes transactions where no sales tax is collected.

As for the Sales Tax Payable column, this represents the taxes collected as of your specified date.

For more information about upfront deposits please refer to this article: Managing retainers.

I appreciate your commitment to accurately recording upfront deposits in QBST. If you have further questions about how these deposits affect your reporting, please don’t hesitate to reach out. I'm here to support you in navigating this process successfully. Take care.