Job Sales Tax

The Job Sales Tax list handles sales tax that you charge on sales and on project billing.

       Entering Tax Rates | Data Fields | Tax Rate for Sales and Deliveries
       Tax Rate for Estimates, Projects and Rentals | Using Lists | Using Job Sales Taxes

Website Info Links
       Accounting Software | Accounts Receivable Software | Bookkeeping Software | Point of Sale Software

       Customer Accounts | Item Discounts | Sales | Sales Branches | Vendor Sales Tax

Entering Tax Rates

To enter Job Sales Tax, follow these steps:

  1. Choose Income Setup from the Income menu, then choose Sales Tax from the submenu.
  2. Click the New button, or click on an existing tax and click the Edit button.
  3. Enter details for the tax.

Data Fields

Enter the following information for each tax rate:

Name-- Enter a brief name for the sales tax rate.
Comments-- Enter any comments you have about this sales tax rate.
Paid To-- use the clairvoyant field to enter the agency that will receive tax payments. The field displays a list of  Other Cost ccounts.
Breakdown Table-- Click in the Item column, and enter the name of the locality that receives this tax. Then click in the Percent column and type in the percentage rate they receive.  If there is a second tax component, press the Return key, and repeat the same steps in the next line.  Repeat as many times as you need.
Total Rate-- Goldenseal automatically calculates the total tax rate from the sum of its components.
Fixed Amount-- If the tax is a fixed amount rather than a percent, enter an amount into this field.  Otherwise leave it at zero.
Rounding-- Enter the way to round this final tax amount.

Tax Rate for Sales and Deliveries

In Sales transactions, Goldenseal chooses a sales tax rate as follows:

  1. If there is a delivery method, the delivery method determines where to get the rate.
  2. If there is sales branch, Goldenseal uses its tax rate.
  3. Otherwise Goldenseal uses the customer's tax rate.

HINT-- you can always enter a different tax rate for any transaction, if the one Goldenseal chooses is not correct.

Tax Rate for Estimates, Projects and Rentals

For estimates, project billing and rental transactions, Goldenseal enters the usual tax rate for the customer or project account.

HINT-- you can always enter a different tax rate for any transaction, if the one Goldenseal chooses is not correct for that transaction.

Using Job Sales Taxes

Enter a sales tax rate into Customer and Project accounts-- it's the tax rate that the account normally pays.
Enter a sales tax rate into Sales Branches-- it's the tax rate normally charged at that branch.

The tax rate is actually collected in income transactions-- Estimates, Sales, Billing Records and Rental Transactions.  Goldenseal automatically fills in the usual rate when you enter a customer or a sales branch. You can always change the sales tax rate if you need to charge a different rate for some reason.

To charge sales tax on individual items in a Sales transaction with an item breakdown, turn on the Taxable Sales checkbox in each Cost Item record.

To pay sales tax collections to your tax agency, use the Pay Bills command.

To include sales tax when you do time and materials billing, turn on the Include Sales Tax checkbox in Project Payment Terms .

HINT-- To enter the sales tax rates that you pay on Material Purchases, use Vendor Sales Taxes.