Well, I think I'm making this harder on myself than it needs to be. Now I've
deleted the transfer I had in there and simply went straight into the Sales
Tax register and added a new transasction of the same amount I collected from
my buyer for sales tax. It's not really relating back to that particular
invoice in any way, though. If there's any way to do that, that'd be great.

Thanks!

"DRUAngell" wrote:

- quote -

I've started my small business, and as such I've moved to MS Money Home &
Business vs. Deluxe. Overall it works pretty well for me. I can't use the
Products and Services stuff in Money because it simply doesn't work for my
needs, but I have my own system for that anyway so it doesn't really matter.

Now I have categories setup for everything and I have custom reports that
display net profit and it's great. I just today made my first in-state sale,
though, so I had to go ahead and collect sales tax on that.

Now, I see under Loans and Liabilities that it has a Sales Tax section that
will allow me to track how much sales tax I owe. The problem is I can't seem
to figure out how to use this...I think it might have something to do with
the fact that I'm not using the Products and Services within Money..??

The problem is that the only way I can seem to get anything into that Sales
Tax register is to use Trasnfer : Sales Tax. However, this simply takes my
money and puts a positive amount into the Sales Tax section in Money because
it puts it on the Decrease side.

For now I just created myself another custom category called Sales Tax
Collected and I included that in my overall report. Then later I planned on
creating a Sales Tax Paid and including that in the same report that gives me
my net. That doesn't seem like the "right" way to do it, though, and it also
doesn't allow me track as easily.

Any information on how I can mange this would be greatly appreciated. Thanks!