TAX

The Tax Report shows the total amount of taxes paid or collected by the company during a specified period. This report is useful for tracking tax liabilities, as well as for filing tax returns.

Use Case

Suppose you need to file your company’s quarterly tax return. To do so, you must know how much tax your company has collected and paid during the quarter. You can use the Tax Report to summarize all taxes paid and collected for the quarter. This report can be used to prepare and file the necessary tax returns.

Instructions

1. Go to Reports>Accounting>Tax
2. Select the desired Year.
3. Click “Apply”
4. The report will display the total taxes paid or collected during the specified period.
5. Download the report as needed.