Adjusting sales tax

To adjust your sales tax before you pay it:

  1. Choose Vendors > Pay Sales Tax.
    Take a look at the amount of sales tax you owe. Do you need to adjust it—say if your tax authority has given you a discount for on-time payments?
  2. Click Adjust.
  3. Fill out the Sales Tax Adjustment info. Here's what's required:
    1. Set a date for this adjustment.
    2. Choose the Sales Tax Vendor you're paying. (Probably your local or state sales tax authority.)
    3. Choose the Adjustment Account. (QuickBooks will record this adjustment here.)
    4. Choose whether this is an Increase or a Decrease, and enter the amount of the adjustment you're making.
  4. Click OK.

QuickBooks records this adjustment and closes the Sales Tax Adjustment window. Now you're ready to pay your sales tax.