States are cracking down on items being ordered online or from out of state vendors without paying sales tax. It would be easier for us to track items for which we need to remit sales tax to the State if there were a check box on the Invoice Data Entry screen to indicate whether the item is taxable or not, and whether or not sales tax was paid when the item was purchased. Add a report to quickly identify invoices where no sales tax was paid, but is payable. (To be clear, I'm not referring to sales tax being charged to customers to whom we sell; I'm referring to sales tax that we owe to the State on items we purchased that didn't include sales tax in the total purchase price.)
by: Wendy H. | over a year ago | Financial Management
Comments
You can work with your Sage reseller or consultant to customize your Invoice Data Entry screen and add a UDF (User-Defined Filed) that could meet your needs.