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New Report: Collections?
New Report: Collections?
Feb, 13, 2012, by member dlxhivac

The state where my vacation home is located now requires me to file monthly tax reports. Until 1/1/12, I was allowed to file quarterly tax returns. My accountant tells me that the tax due each month is for the amounts collected that month, regardless of actual rental period dates. The current "Tax Report" for this property is not helpful for these types of monthly or quarterly tax filings. It does give me the taxes charged but categorizes these tax payments by the month that the property was reserved, not the month that they were collected. Can you add a new report entitled "Collections" with both monthly and quarterly collections to date?
Thanks

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