Click >Report >Sales Tax Report
Sales Tax Period -Enter the year and month you wish to report on.
Include Tax Exempt Classes Y/N -You can assign each customer to one Tax Exempt Class if appropriate.
When you include the classes on the report your total tax will be sub-totaled by class.
Sample Sales Tax Report
Notes:
1.The numbers highlighted in yellow are calculated by multiplying the Taxable Sales and Sales Tax Rate (percentage) for the report. This is the same as most state's sales tax forms (or data entry screens) will require.
2.Total Sales Tax is simply the sum of the tax classes.
3.Collected Sales Tax is what you actually took in. This is also the amount shown on the Sales Report.
4.Sales Tax Difference (if any) is the result of rounding. The yellow numbers are rounded once, after the taxable sales are summed. The green number gets rounded on every line item of every transaction. Acme shows this because many state forms are no longer paper based, they are calculated on the state website and they round once.
5.Taxable Sales -both the item and customer were taxable.
6.Non-Taxable Sales -either the item or the customer was tax exempt.
7.Tax Exempt Sales by Category is the sum of tax exempt sales for each tax exempt category. The sales are included in the Non-Taxable Sales column. Not all non-taxable sales are tax exempt. Tax exemption causes the removal of tax from what would normally be a taxable line on the transaction. See Tax-exempt Categories below.
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