Sales tax remittance

Paying collected sales tax to the state. Clears the liability and records the payment in one step.

In Solo Superstars

Under Accounting › Sales tax remittance pick the state and period; the app shows what was collected and posts the payment. The report is gross collected — no net-of-remittance reporting yet.

Example

Remit CA Q3 1,240: debit 2200 Sales Tax Payable 1,240, credit 1010 Checking 1,240.

Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.

Also called

  • remit sales tax
  • sales tax payment
  • filing

Related

  • Sales tax — Tax you collect from customers on behalf of a state and pass on. It is never your revenue; it sits as a liability until remitted.
  • Sales tax collected — The total tax you have added to invoices and customers have paid in a period, by state. What you owe the state.
  • 2200 Sales Tax Payable — Sales tax you have collected from customers and not yet remitted to the state. Never your revenue; a liability until paid.
  • Tax calendar — The upcoming filing and payment dates that apply to you: estimated taxes, sales tax returns, 1099 deadline.

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