Sales Tax

[BD305]

Hi,

I manage a Bar account and I'm new to Toast. We went live the day before yesterday and received our first deposit from sales today. I noticed that Toast did not send the sales tax collected. Does anyone know if they file and pay sales tax on businesses behalf?

Thanks

[rcmck · Accepted solution]

No they do not, your deposit includes all credit card payments (minus fees) which includes any tax charged to customers, the tax summary is just a report on the total taxes that were charged. Are you expecting the deposit to be the total card payments plus the calculated taxes or are you seeing another discrepancy somewhere? 

[BD305]

Hi, 

Thanks, yes, your right. I kept digging and I was able to see that taxes were included in the credit card payments. I also reached out to customer service, and they explained how it works.

Thanks again

[BD305]

Hi,

Thanks, I kept digging and found out that taxes are included in the credit card payments. I also reached out to customer service, and they explained how it works.

Thanks again!