Quote:
Originally Posted by Boogaloo
If you guys are generating sales receipts for customers that come in for a transfer (DROS) only transaction, how do you have QuickBooks set up to show the tax you are required to collect on firearms from other FFL's/Dealers/Online retailers ?
I am having a hell of a time getting something effective working that will allow me to add a "phantom" item to the invoice and calculate tax properly without screwing with my own inventory.
Any ideas?
|
I do the following (assume $100 paid to out of state dealer):
1) I have created a non-inventory item called "customer paid"
2) I add "Customer Paid" line item for $100 Taxable
3) I add "Customer Paid" line item for -$100 Non Taxable
This leaves the tax paid showing up correctly and doesn't mess with inventory and makes it pretty clear to my customers.