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[ledgersmb-users] Re: Taxes
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[ledgersmb-users] Re: Taxes



Just delete this.  I had my ah-ha moment and figured it out.

Mathew
 

From: Mathew Cox <..hidden..>
Sent: Tuesday, February 22, 2022 2:01 PM
To: ..hidden.. <..hidden..>
Subject: [ledgersmb-users] Taxes
 
Question; my business is one where we go to different areas and provide service to customers.  Each county has a different sales tax rate and the cities within each county also can have a different sales tax rate as well.  Total there are 13 entities with different sales tax rates that my customer base resides within.

Setting the default sales tax rate doesn't really fit since there isn't a single tax as I'm not brick and mortar.

The only solution I've worked out in my head is to add each of these entities in the chart of accounts as a liability, manually add a percentage to an invoice, and then use a journal entry to manually transfer the appropriate amount of tax to the appropriate entity in the chart of accounts.

Is there a better way to do this?

Mathew
 
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