If those nightly ecommerce deposits include sales tax collected, you’ve got an accounting problem.
Fortunately, TaxJar provides a simple, automated solution to make sure you know how much you owe in sales tax. Avoid surprises at filing time, make sure youve got enough money to pay your sales tax bills.
TaxJar imports ecommerce order history, pulls out the sales tax collected, and determines how much you owe to each state, at what frequency.
Just click a button, log into your Xero account once, and TaxJar will take it from there, running regular updates to make sure your accounting information is accurate and up-to-date.
TaxJar creates new sales tax liability accounts for each state in which you collect and file. Each month, we’ll create new bills/invoices for the sales tax you’ve collected that you can export to Xero. Get that balance sheet and income statement corrected - with no additional work.
Xero is easy to use online accounting software that’s designed specifically for small business
Find out more or try Xero Accounting Software for free.