Pay Taxes
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1) | Select the Pay Taxes menu option.
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2) | Choose the taxes to pay and click Next.
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3) | Fill in authority and location information and the date range of invoices to remit tax monies for, then click Next.
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4) | Choose whether to calculate taxes to remit based on accrual or cash-based accounting, then click Next.
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5) | Select taxes to pay then click Next.
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6) | Choose whether to create a disbursement to pay the taxes now, or a purchase receipt to pay the taxes later, then click Next.
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7) | Save the transaction, then choose to print a detail or summary tax report.
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Please consult with your accountant or bookkeeper as to which method is acceptable by your taxing authority.
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Create a disbursement to pay now | Select this option if you want to immediately set up payment and a purchase transaction to satisfy this tax obligation. You will need to select a bank account when utilizing this option. The selected bank account will then be used on the disbursement.
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Create a purchase receipt to pay later | Select this option to only create the purchase document immediately, and defer payment until the Pay Bills process is run or a manual disbursement is created.
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Canceling the disbursement or purchase receipt will cause ManageMore to come back to this phase of the Pay Taxes Wizard.
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