QB Issue Resolution:
You can decrease your sales tax liability by choosing an income account instead of an expense. Let me add further details about this and help you further.
In the Automated Sales Tax center, you’re only able to enter a positive amount. But you can still decrease your liability by choosing an income account when creating an adjustment.
You can follow the steps below in decreasing your liability:
- Click on Taxes from the left panel.
- Beside the state, click on View Return.
- Choose +Add an adjustment.
- Enter the Reason.
- Choose an income account under the Account drop-down.
- Enter the Amount for the adjustment.
For further guidance, you can read this article: Create or Delete a Sales Tax Adjustment.
Also, you can visit our Help Articles page if you want to learn some “How do I” steps.
Resolution for Issue 'How to make sales tax adjustment *decrease* for rounding and/or vendor compensation?' available: Yes (Solved).
Source: Intuit Community forum.
How to make sales tax adjustment *decrease* for rounding and/or vendor compensation?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for account dropdown
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