Verify Sales Tax Due with Use Tax Items

Each month I submit a sales tax due report to the state (TX). But also I print out a list of items purchased that I was not charged tax on and figure
the tax due and add to the report. My business is promotional items, screen printing, enbroidery, etc. When I order self promotional items, my vendors do not bill me tax. How do I get the purchased items (advertising, promotional items etc.) tax to link up to the sales tax report?
Thanks in advance Robert
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

The most efficient way is with some kind of subsidiary schedule kept "by hand". It could be just as simple as a notebook where you log those purchases, or some kind of spreadsheet. There's no practical method to have this integrated with your software (QuickBooks, Peachtree, etc) to track, as the number of accounts, sub-accounts, departments, classes, etc would be staggering, and that only leads to mistakes in one direction or another.
If you're like some of my clients, the purchases they make from one supplier may include multiple items, resale, business use, assets, services, etc. breaking the bill up is a task in and of itself. Further breaking it up based on if sales tax was paid or not is a whole other monster.
I think you'll find the hand maintained ledger is going to be most useful.
--
Paul A. Thomas, CPA
Athens, Georgia
  Click to see the full signature.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

BeanSmart.com is a site by and for consumers of financial services and advice. We are not affiliated with any of the banks, financial services or software manufacturers discussed here. All logos and trade names are the property of their respective owners.

Tax and financial advice you come across on this site is freely given by your peers and professionals on their own time and out of the kindness of their hearts. We can guarantee neither accuracy of such advice nor its applicability for your situation. Simply put, you are fully responsible for the results of using information from this site in real life situations.