Tax Reports

Once you’ve collected taxes it’s important to be able to accurately report on them. That’s why LOU has a few reports available.

Go to Operations / Reports / Tax Reports

A pop-up will display, offering several report options.

1. Determine the Date Range for your report – it will default to the previous month.
2. You can select a Department to run the report for a single Department or leave it blank to run for all Departments.
3. You can select a Tax Code to run the report for a single Tax Code or leave it blank to run for all Tax Codes.
4. Select the Output and Report you want to run:
   1. PDF – Tax Code Summary gives you a summary of tax information by Tax Code.
      1. REMEMBER! You can have multiple Tax Authorities within a single Tax Code.
   2. PDF – Tax Authority Summary gives you a summary of tax information by Tax Authority.
   3. PDF – Invoice by Department Summary gives you a summary of tax information by Invoice and Department.
   4. Spreadsheet – Invoice Detail gives tax information in spreadsheet format, in detail by Invoice.
   5. Spreadsheet – Invoice Tax Authority Detail gives you tax information in spreadsheet format broken out by Tax Authority, rather than Tax Code, in detail by Invoice.
   6. Spreadsheet – Invoice SKU Lines Detail gives you tax information in spreadsheet format by Invoice and by SKU in detail.

When reconciling these reports to the LOUs Reports / Invoices with SKUs report, it’s important to remember that a Tax Code may be made up of many Tax Authorities. Tax Amounts on Invoices in LOU are reflected as the total tax collected for that Tax Code.