For Users of QuickBooks 2009 R9
Bill Teague, Managing Editor, Intuit ProConnection
Intuit has just released an Alert to its QuickBooks ProAdvisors and will soon release an Alert to all its customers using QuickBooks 2009. The reason? Under certain conditions, the Sales Tax Liability and Sales Tax Revenues reports could present incorrect totals.
Triggering Event
The problem was introduced in QuickBooks 2009 Release 9, but will only present under the following circumstances: When the sum total of the number of transactions multiplied by the number of vendors exceeds 10,000.
Recommended Action
Today’s ProAdvisor Alert, which you can see as a PDF here, identifies recommended steps for users of R9. Those who have not generated or submitted reports to sales tax authorities since updating to R9 are encouraged to wait until R10, which is expected out as a manual download on Wed., Dec. 16, or as an Automatic Update the next day. Those who have already submitted reports to tax authorities prepared under R9 are asked to run and submit corrected reports; Intuit has also created a unique email address for users in the last category who may need additional advice or help:
Useful Links
Background on the Sales Tax Report Issue in QuickBooks 2009 R9
On Resubmitting Sales Tax Reports
Web version of Intuit’s General Alert of Dec. 14.
See also Image of General Dec. 14 Alert (static mage of Alert sent to all QuickBooks 2009 users; PDF only; no links are enabled)
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