AR Sales Tax Report

Billing and Accounts Receivable

Month End

About

Reports Sales Tax for the period selected period.

Important Changes

Starting with Keystone version 2.3.6, new options allow you to:

• Individually select sales tax changes from Invoicing, Discount and Allowances
• Run by Tax Authority or Tax Locality
• Run with detail or summarized

Important: You need to select only Sales transactions if you are attempting to reconcile with the Invoice Register or Sales Reports.

Using This Program

Companies that pay sales tax based on amount invoiced

This is the default option for Keystone since it applies to most companies. It is used by any company required to pay sales tax on the amount invoiced for the period.

Options

Tax Entity Type

Tax Locality

Sales and Tax is run for each locality.

Tax Authority

Sales and tax is run for each authority.

Report Type

Summary

Prints 1 line for each Locality or Authority.

Detail

Lists each transaction. This option is best for diagnostics.

Transaction Types

Sales

Sales and Tax charged on invoices.

Allowance Tax Adjustments

Adjustments from cash posting. For more information see: AR Cash Posting and AR Allowance Class Maintenance

Discount Tax Adjustments

Adjustments from discounts applied in Cash Posting. Note: these must be configured in AR Tax Rate Maintenance

Companies that pay sales tax based on amount collected

For companies that are configured to pay sales tax based on collections, the Sales Tax Report prints only sales that have been paid.