10-24-2022 02:52 PM
We are a bar-only establishment, and our drink prices are inclusive of sales tax.
When we run weekly reports to transfer our financial numbers into Quickbooks, the total tax reported in Toast is never right. We have tried all of the various tax rounding options in Toast, and if we take the weekly gross sales and multiply by the NJ tax rate of 6.625%, it never equals the number in Toast. It's off by a few dollars.
Their tech support has sent me an excel dump of the tax calculation PER TICKET (which seems to calculate correctly), but the reports don't match this internal breakdown.
I am pulling the tax numbers off of the sales summary report. This past week was off by about 2 dollars. Obviously it's a rounding issue, but are we the only ones with this issue? In our quickbooks, the tax calculation is never off by more than a penny.
10-24-2022 04:34 PM
We have not encountered the problem as you mentioned. If it is only couple dollars off every time you transfer the financial numbers to Quickbook, could it be one or two of your products that their tax property are not set correctly? Perhaps try to import the financial numbers for one day of sales to Quickbook to see you get the correct taxes.