Author Topic: Profit / Loss Sales Taxes are being used against the Profit  (Read 392 times)

CliffHamm

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Profit / Loss Sales Taxes are being used against the Profit
« on: November 12, 2022, 10:27:13 pm »
U.S. Law says Ebay has to collect Sales Tax from the customer for the state they live in, It appears that the sales tax is being used in the cost of goods which is reducing the Profit. Is there a way to stop this tax calculation.

Cliff@WaterNSports.com

Scott

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Re: Profit / Loss Sales Taxes are being used against the Profit
« Reply #1 on: November 14, 2022, 06:31:07 pm »
Hi,
The tax is included in both the income and expense portions of the equation, so they net out to zero.
They may not both be visible by default, but they are both there if you unhide the various columns that arent visible by default.  Let me know if you have any trouble with this.