Ask your accountant or your local tax agency if your government wants sales tax paid on an accrual basis (when the sale is "booked") or a cash basis (when the merchandise is paid for). AccountEdge offers reports for each situation.
Use the following reports to prepare sales tax deposits and returns.
For a summary overview of tax collected and paid use:
For a detailed view use:
Notes:
If you are allowed to remit sales tax on a cash basis (remit tax only on money received, not on sales booked), use the "Cash" versions of the above reports.
Once you settle on the list of reports you like to run every month, consider creating a report batch for them. (What's a Report Batch? )