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Posted by Allan Martin on December 1, 2007, 3:32 pm
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> In my state, you are required to pay tax on non-inventory goods that are
> purchased in another state.
>
> After reading others' solution for tracking this, I wondered why there is
> not a more generic way of doing this in QuickBooks. My solution is to make
> a split payment on the purchase that won't effect the reconciliation of
> the bank or credit card.
>
> So, ignoring my pleas to buy stuff from California and buy American,
> dammit, each time this happens, I post the cash/credit with out-of-state
> vendor then add to the same entry the 8.25% Use Tax Payable with sales tax
> expense with California state as the vendor.
>
> So how do you do it? The other solutions seem too elaborate for a single
> office, like
Elaborate, who ever wrote that article must have been stoned out on drugs.
> http://www.etrdirect.com/dealing-with-use-tax-in-quickbooks.html
> which would have you create an Other Charge item called Reversing Items
> Sold, making it Non-taxable, and applying it to a Sales Income account,
> etc.
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