THIS is HUGE for us. We left design files, and we are just coming back to it from another software and it had a box to add prepaid sales tax for retail items and it significantly affected our sales tax- in design files we are having to pay the sales tax twice if we do any markup to retail product. So we just didn’t mark up retail and were leaving profit on the table. PLEASE add a prepaid sales tax per item column that accounting can track for sales tax payments!
Kate Eckstein
•
Jan 6
I’m running into a huge issue with paying sales tax TWICE on products that I paid sales tax on and resold to the client without a markup. This is only for retail items. But there is no way to mark in DF what I have paid tax on, so that it is not included in my monthly sales tax due report.
This means I am spending thousands of dollars paying the tax twice (once when I buy the item, and once when Quickbooks shows I sold the item to a client without markup).
In the old Ivy system there was a check box for every invoice — HAS TAX BEEN PAID. And we could run a report on what has been paid already so we are not double paying.
Naoli Harris
•
Dec 27, 2024
Just like this!
Naoli Harris
•
Dec 27, 2024
Naoli Harris
•
Sep 25, 2024
ABSOLUTELY ESSENTIAL. TO DO THIS MANUALLY IS VERY TEDIOUS!
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Comments5
Lindsey craig
Jan 29
THIS is HUGE for us. We left design files, and we are just coming back to it from another software and it had a box to add prepaid sales tax for retail items and it significantly affected our sales tax- in design files we are having to pay the sales tax twice if we do any markup to retail product. So we just didn’t mark up retail and were leaving profit on the table. PLEASE add a prepaid sales tax per item column that accounting can track for sales tax payments!
Kate Eckstein
Jan 6
I’m running into a huge issue with paying sales tax TWICE on products that I paid sales tax on and resold to the client without a markup. This is only for retail items. But there is no way to mark in DF what I have paid tax on, so that it is not included in my monthly sales tax due report.
This means I am spending thousands of dollars paying the tax twice (once when I buy the item, and once when Quickbooks shows I sold the item to a client without markup).
In the old Ivy system there was a check box for every invoice — HAS TAX BEEN PAID. And we could run a report on what has been paid already so we are not double paying.
Naoli Harris
Dec 27, 2024
Just like this!
Naoli Harris
Dec 27, 2024
Naoli Harris
Sep 25, 2024
ABSOLUTELY ESSENTIAL. TO DO THIS MANUALLY IS VERY TEDIOUS!