Quickbooks Sale Mac User For

Quickbooks Sale Mac User For

A Mac user for almost 30 years, she is also certified by Apple in Mac systems integrations.

Some of us determined to track down those nagging discrepancies turn to round-tripping (converting the file from Mac to Windows and back to Mac) only to find the data scrambled in the process.

For others, the conversion to QuickBooks for Windows is successful and provides reports not available in QuickBooks for Mac, but finding the problem provides little relief if fixing it in Windows or Mac is not an option.

Here, we have provided a step-by-step guide for finding sales tax errors and our advice for fixing them.

Spoiler alert: starting with QuickBooks Mac 2014, you can use the same Adjust Sales Tax Due feature thats been available in Windows for years.

Sales Tax reporting errors can be caused by: Income transactions created with Journal Entries or Deposits Sales Discounts created with Receive Payments Sales Items mapped to Expense accounts, or Other Income accounts Sales tax paid by Check instead of Sales Tax Payment Prior period adjustments Receive Payments entered in prior periods And so much more How to Find Sales Tax Errors Start by creating both a Sales Tax Liability and a Profit and Loss report.

If they arent the same, make sure the dates and the reporting basis on the Profit and Loss report matches that of the Sales Tax Liability report.

Any differences will point you to the errors on the Sales Tax Liability.

EXPERT TIP: The date on the Receive Payment, not the date on the Make Deposit or the Invoice, is the date that the sales tax liability will be impacted on cash basis.

Partial payments are applied to sales tax in equal proportion to other Items on the Invoice.

Click the Filters icon at the top left of the report Toolbar.

Choose the filter Transaction Type near the bottom of the Filter options to engage the Transaction Type filter.

Choose Selected Transaction Types, and then chose Invoice; Sales Receipt; and Credit Memo.

Click OK to complete the Filter settings.

Click Apply in the next window to create the filtered report.

Now, compare the Total Income on the filtered Profit and Loss report to the unfiltered report.

Any differences will point you to the errors on the Sales Tax Liability, except Cost of Goods Sold.

In this example, Less Discounts Given (-720.00) and Other Income (58.39) are not on the Sales Tax Liability report.

What to know: Sales Discounts applied during Receive Payments and Items mapped to Other Income Accounts and Balance Sheet accounts, will not be included in the Total Sales on the Sales Tax Liability report.

What to do about it: Create a Credit Memo for sales discounts instead of using Receive Payments.

If your client pays sales tax on depositspre-payments and tracks them as a liability, use the Sales by Item Detail report in addition to the Profit and Loss report.

Fixing Sales Tax Errors Once youve found your discrepancies, the hardest work is done.

The toughest part of fixing the errors usually isnt the mechanics of entering an adjustment; its figuring out what amount and date of the adjustment should be.

Now that we have the simple Sales Tax Adjustment function, its easy enough to adjust sales tax payable that we can show our clients how to do it.

Future adjustments and late fees will be accurately reflected in reports and payments.

To enter adjustments to sales tax payable in QuickBooks Mac 2014 and above, go to Vendors Sales Tax Adjustments EXPERT TIP: In QuickBooks Mac 2014 and above, the Pay Sales Tax function allows the user to select a credit card account to make sales tax payments.

She is also a founding partner in Cloud Consultancy, LLC, a business process consulting firm, and the creator of AERO Workflow Manager.

She holds Advanced Certification in QuickBooks from Intuit, as well as certifications in QuickBooks Point of Sale and Enterprise Solutions.

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