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). FirstEdge 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:
Note:
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.