JoAnne

So now I need set up a new group, and then correct the invoices I’ve entered in the last month. Is there a report that will just show all the invoices dated in the last month? All the reports I’ve looked at are not that simple.

Thanks for the great tip!
JoAnne

My out of towners, but in the same state, have a lower rate I apply, and a separate ‘name’ and tax amount. I knew I had to change this a few years back, and was looking to see if I didn’t have to re-figure it out again, but I just did.

Mine was easy once I remembered how to change it, don’t know if the newer versions can do this. Too bad if not.

And, yes, the TOTAL on the reports will show accurately, but if you are looking at the sales tax liability report and double checking figures, the information is displayed in a way that is very misleading. I’ve had people who changed rates and then thought that there were calculation problems.

I still stand by my recommendations – but you can choose the approach that works best for you.

I then CHANGED the %rate on my existing sales tax item from 9.5% to 8.5%. I ran the same reports AGAIN and noted that neither report changed one bit! All my old transactions were still at 9.5%.

Then, I entered a new sale using a Sales Receipt (I also tried an invoice). It correctly picked up the new sales tax receipt of 8.5%. When I hit my previous button to look at the prior sales tax receipt, I could see that the older receipt still correctly shows 9.5%. Bottom line: Changing the rate on the existing item does NOTHING to old transactions or reports. And adjusting the item is easier than setting up a new item because you do not need to change all the default sales tax items for each customer.