Quickbooks pay sales tax liability how to#

I'm always up to answer any additional questions you may have regarding your past transactions in QuickBooks. I'm attaching the articles I found helpful for you: To ensure it clears and show as paid moving forward, I recommend recording the payments using the correct process.

Aside from making corrections from past years, the only way to start fresh is to start a new company file in the QuickBooks program.

However, it would be best working further on this together with an accountant to ensure your books will be correct. There are other users who use the Journal Entry feature and a clearing account to get rid of the unpaid balances. I agree with you about making changes to transactions from the prior year will lead to mess up balances. I'm here to help provide information about recording transactions in QuickBooks Desktop. I appreciate you for dropping by here in the Community. But I cant predict if its possible to do this without changing prior period income/RE.Д«ut if you find a real rats nest under the hood then your going to have a hard call between doing whats right and whats possible. If it was strictly a matter of bringing the prior payments into the sales tax records that will be doable.В I am hoping that the payment cheques were coded to a sales tax liability account.

Quickbooks pay sales tax liability how to#

You need to do some review and try to get a sense of how wide and deep the issues are before you can really decide how to proceed. That could have been due to the sales tax system setup being wrong, or not updating taxes and rates when they changed, or just plain not recording the taxes right in vendor and customer records. Its very possible that the reason they didn't use the QB 'filing' is because they knew (or feared) it was wrong. Unfortunately when the 'prior person' didn't use the filing & paying part of QB correctly, I would also question if the rest of the sales tax records in QB are right. I have worked this problem before and its not fun. Please keep in touch with me here should you need any further assistance with recording sales tax payments. See these screenshots for your visual reference:ДЇor additional reference into paying sales tax, I'm adding the article I recommend on this: Below Transaction Type, click the drop-down arrow and select Check.Right-click the account, and click QuickReport.Click the List tab at the top menu bar.You can run the Account Quick Report and filter Checks to get rid of them more easily. Deleting the previous payments not paid via Pay Sales Tax function and recording them the right way will correct the problem. Using the Write Checks or Pay Bills feature to pay your sales tax will lead to errors in your bookkeeping and sales tax reports. It would be my pleasure to lend a hand with your concern about the sales tax in QuickBooks Desktop.