Tax Authority

P4 Books Cloud Accounting

Here you will configure the tax authority — this is the entity to which you will remit your sales taxes.

Master Data > Accounting > Tax Authority

Once on the Tax Authority setup screen, click the New button.

Here you will enter the name of the Tax Authority and select the G/L Account for this Tax Authority.

The typical setup is to enter the sales tax payable general ledger account.

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Next: Tax Codes