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Sales Taxes Collected Report

This Help File Page was last Modified on 09/10/2013

Sales Taxes Collected Report

This Help File Page was last Modified on 09/10/2013

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Sales Taxes Collected Report

This Help File Page was last Modified on 09/10/2013

Previous topic Next topic  
If you are required to collect Sales Taxes, once these sales taxes are billed and/or collected, you must remit the amount of those Sales Taxes to the proper Taxing Authority.
As part of your Periodic & Month Ending Procedures, you will need to Calculate & Remit Sales Taxes.
There are two ways to do that:
1.Remit these Sales Taxes on an "As Collected" basis, or
2.Remit them on an "As Billed" basis.
Each Taxing Authority will have its own rules specifying how their Sales Taxes are to be reported (and paid).
Both of these Sales Tax Remittance methods are supported within MKMS.
This Sales Taxes Collected report lists Sales Tax on an "As Collected" basis.
All Receipts must be Allocated to the appropriate Invoices - at least those that have Sales Tax assessed - to ensure the accuracy of this Sales Taxes Collected Report.
To Print the Sales Taxes Collected Report
From the Main Menu, Select Reports, Choose the Accounts Receivable sub-menu, and Click Sales Taxes Collected.

 

Sales Taxes Collected Report tabs - There are two tabs on the Sales Taxes Collected Report dialog.
Options - Initially only the Options tab is shown (until you make your Options selections and Select Print).

HelpFilesSalesTaxesCollectedDefaults

Sales Taxes Collected - Options tab

 

Report Type - By default, Detail is selected.
Click the Summary button for the short version.
Sales Taxes Collected - By default, the From and To Date Range will be the most recently completed month.
Use the Drop-Down Date Selection Box es provided to Choose a different Date Range, if needed.
Show Subscriber ID? - By default, the Subscriber ID is not printed.
Check this box to have the Subscriber's record number included on the report.
When the report is displayed on screen, you may Click the record number (listed in blue and underlined) of any Subscriber to open the Subscribers Form for that Subscriber.
By Sales Category Code - By default, the order is by Taxing Authority.
Check this box to have it listed by Sales Category Code.
Divisions - By default, All Divisions will be included.
Click One and Choose a specific Division using the Drop-Down Selection List provided, if needed (see example below).

 

HelpFilesTaxesCollectedReportDialog

Sales Taxes Collected - Options: One Division

 

Payment Types - By default, All Payment Types (Methods of Payment) will be included.

 

HelpFilesSalesTaxesCollectedPaymentTypesOptions

 

To specify a set of (one or more) Payment Types, Un-Check the All option.
Then, use the Drop-Down Selection List provided to Choose the Payment Type(s) to be reported by Checking all of those required.
The selection made will become the new default choice for this
Print - Click the Print button HelpFilesPrintButton to Preview and optionally Print (to a File or a Printer) this Sales Taxes Collected Report (see sample below).

 

Preview - The Preview tab presents the report which resulted from the Options you've selected.
Up Arrow/Down Arrow - hi - Moves the report one line up, or one line line down, respectively.
Page Up/Page Down - Moves the report to the previous or next page, respectively.
Subscriber ID - If the Show Subscriber ID? box was Checked, Click the record number (listed in blue and underlined) of any Subscriber to open their Subscribers Form.

HelpFilesSalesTaxesCollectedPreview

Sales Taxes Collected Report - Detail Preview

Home - HelpFilesHomeKey- Using either the screen icon or your Keyboard's Home key, moves the report to the top of the first page.
End - HelpFilesEndKey- Using either the screen Icon or your Keyboard's End key, moves the report to the bottom of the last page.
Arrows - The arrows allow you to move back and forth, from page to page.
Number - Indicates the page number you are viewing.
You may also type in a specific page number, Press 8 Enter and that page will be displayed immediately.
If you enter an invalid page number, it will be ignored.
Fit To Page - Click the first button after the arrows to size a full page of the report to fit the screen.
Zoom To 100% - Click the second button after the arrows to display the page at 100% (of the printed view).
Fit To Page Width - Click the third button after the arrows to size the page of the report to fit the full width of the screen.
Zoom To Percentage - Click the fourth button after the arrows to re-size the page of the report by percentage.

 

HelpFilesPercentageOfViewAdjuster

When you Click the Zoom To Percentage button, the Percentage selector will be displayed.
You may then Click the Up  or Down arrow to set the exact amount of Zoom you want.
Print - Click the Print button to Print (to a File or a Printer) HelpFilesPrintIconthe displayed Sales Taxes Collected Report.
Email - Click the Email button HelpFilesEmailButtonto send the Report to an Email Address of your choosing.
Exit the form by Clicking the Close button x on the right at the top of the form.

 

HelpFilesSalesTaxesCollectedSummarySample

Sales Taxes Collected Report Summary version sample