Receipts and sales tax

SuitedConnectorSuitedConnector Member Posts: 5

How do I break out the tax entry in the Receipt? Am I supposed to enter the line item amount for the sales tax? And then, does the receipt get converted into a bill?

I guess I don't really understand the purpose of this feature. Is there detailed documentation on how to work with Receipts?

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Comments

  • JulianPJulianP Member Posts: 1,002 ✭✭✭

    Hello @SuitedConnector !

    To clarify, are you trying to allocate your receipt amount, specifically for sales tax? When you upload a receipt, you are able to make adjustments and indicate which taxes are included and the amounts before you post it to accounting. Once posted, these receipt taxes will be included on your Sales Tax report. I hope this helps. If I missed the mark, please let me know and I'll gladly assist further.

    For more information about our Receipts feature, feel free to check out this Help Center article: Overview of receipts.

    edited February 26, 2021
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