Hi,
On Wed, Oct 27, 2010 at 5:38 AM, Luke wrote:
> For payment of sales taxes, I usually do a transfer involving checking,
> and the sales tax liability accounts.
>
> Company is liable for sales tax in a state which permits a 1% discount for
> on-time/early payment.
>
> Therefore, there is a dif
For payment of sales taxes, I usually do a transfer involving checking,
and the sales tax liability accounts.
Company is liable for sales tax in a state which permits a 1% discount for
on-time/early payment.
Therefore, there is a difference between amount collected, and amount
paid.
What are
