Tax Reports
The Taxes section in Reports gives you a complete overview of the taxes collected, reported, and reconciled across your business.
Sales Tax Liability
The Sales Tax Liability report summarizes the sales taxes you have collected across different states. The report groups tax authorities by state, so you can drill down into a specific state to view its associated tax authorities and the corresponding tax amounts.
To view the Sales Tax Liability report:
- Go to Reports.
- Navigate to the Sales Tax Liability report under Taxes.
The Sales Tax Liability report contains the following columns:
| Column | Description |
|---|---|
| Reporting State | The state for which the sales tax liability is being reported. Click a Reporting State to view its associated tax authorities. |
| Sales With Tax | The total value of taxable and non-taxable sales, inclusive of tax. |
| Sales | The total value of all sales, exclusive of tax. |
| Use Tax | The use tax amount applicable on purchases where sales tax was not collected at the point of sale. |
| Non-Taxable Amount | The portion of your sales that is exempt from sales tax. |
| Taxable Amount | The portion of your sales on which sales tax applies. |
| Total Tax | The total sales tax collected across all transactions for the state. |
You can generate this report based on the following filters:
| Filter | Description |
|---|---|
| Date Range | Select the time period for which you want to generate the report. |
| Report Basis | Accrual: Values are generated when transactions are created. Cash: Values are generated when payment is received or made. |
- Click Run Report to apply the filters.
Yes
No
Thank you for your feedback!