Sales Tax

[brs7311]

I have a question about the sales tax. I collect sales tax for sales in my state. After downloading my transactions, the transactions that have sales tax collected are showing the sales tax amount that was collected in the Expenses section under the sales tax column and not in the income section under the sales tax collected column. Is this correct?

[Scott]

Hi,
Can you email me at support@mycostpro.com with your download key (or the paypal email you used), so I can check the data to see whats coming in from ebay?

[brs7311]

Just sent the email, thank you.

[Scott]

Sorry, and thank you for finding this.  I am working on a fix, in the mean time it will make it correct if you manually enter the value in the sales tax income column when you see it in the sales tax expense column.
I will let everyone know when an update is ready.

Sorry again for the trouble.
Thanks,
Scott

[brs7311]

No problem. Great program so far I am loving it. So just to double check. If I manually remove it and add it to the correct column and then add the sales tax that I paid for an item if applicable in the expense column then the numbers will still balance out correctly? Thanks again - Brian

[Scott]

The sales tax that is currently populating should be the amount that you collect an owe the state for in-state sales.  This one was difficult for us to test because we dont really have any in-state sales.
This is different than the tax you paid to buy your item to begin with, is that what you mean?

[Kim]

Following this thread as I collect/pay Illinois sales tax.

I assume when the update comes out, I will be notified via the email I used to purchase MyCostPro?

Thanks

[Scott]

Sales taxes should now properly populate when collected on new sales.
Please check it out and let me know if you have any issues.