Sales Tax Reporting

Sales Tax Reporting

The Sales Tax Report can be found in Accounts Receivable > Reports > Sales Tax Report.  This report is perfect for seeing how much you have collected in taxes over a customizable time period and for which tax authority they were collected.  There are multiple reporting period options available here;  you can either report on…

Advanced Tax Setup: Part 2

Make sure to check out last week’s post – which was part one of our 4 part series on Advanced AR Tax Configuration. Contact Tax Groups Just like how we created a group to link similar account labels together we must also create a group to link together similar Customers together based on their taxability.  This…

Advanced Tax Setup: Part 1

The Advanced Tax Configuration in Sage Intacct is built upon the settings configured in Basic Tax Setup.  Prior to proceeding please refer back to previous blog posts:  Account Receivable Labels and Basic Tax, Part 1 and Part 2. An important part of setting up advanced tax is understanding how the data is linked.  The following…

Accounts Receivable: Account Labels

Last week we discussed Accounts Payable account labels which are a way to assign meaningful names to GL accounts for the purpose of Accounts payable transactions.   There is also account label functionality in Accounts Receivable to support Efficient AR Data Entry, but it is completely separate from the Accounts Payable labels. Just as in Accounts…