Multiple G/L Accounts For Sales Tax Payable

I use QuickBooks Premier 2006 - Accountant Edition. I need to break out the sales taxes payable from the invoices I create to various G/L accounts such as a different G/L account for each state. I have the different sales tax items set up in the item list with the correct sales tax percentage for each. In the item list, when I set up a sales tax item, I cannot select a G/L code to use for this sales tax item - it simply assigns the G/L account that QuickBooks automatically set up as the sales tax payable item. Is there any way to change the G/L account code associated with each sales tax item in the item list. When I edit the items in the item list, there is not an option to change the G/L account code.

I realize that I can run a sales tax report to get the numbers for each sales tax item so I can make journal entries, but would prefer that it happen automatically whenever I create an invoice. If I cannot change the G/L code associated with the sales tax item, am I limited to journal entries to put the numbers into the correct G/L accounts?

Thanks for any help with this.

Monte Sliger

Reply to
Monte Sliger
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Have you looked into "Classes"? From what I remember, if you assign a "Class" to each state you should be able to get reports you need per Class/State.

Cat

M> I use QuickBooks Premier 2006 - Accountant Edition. I need to break out the

Reply to
catrick

Cat,

Thanks for your suggestion, but I do not need reports. I have the sales tax report which gives me the numbers I need. I am looking for a way to have the creation of an invoice generate the credit into a different sales tax payable G/L account as opposed to having to make journal entries after the fact.

Thanks, Monte Sliger

Reply to
Monte Sliger

Move up the food chain. SlowBooks can't do it.

Reply to
Golden California Girls

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