Track collected sales tax accurately, reconcile to your filings, and keep liability accounts clean. We support your sales tax bookkeeping - your CPA or filing service handles the actual returns.
Sales tax is one of the most commonly miscoded items we find during cleanups. When sales tax collected is booked as revenue, your P&L is inflated. When payments aren't applied to liability, your Balance Sheet is wrong. We fix that.
We don't file your sales tax returns or remit payment. We make sure the bookkeeping is accurate so whoever does file has clean data.
Florida's Department of Revenue handles sales tax collection. Most service businesses are exempt; product sellers, restaurants, and retailers typically collect. We help you keep the bookkeeping side clean either way.