Preparing Your Tax Return

From Ledger to Tax Filing

Go to Accounting > Reporting > Tax Report. Every tax-relevant transaction, grouped into the boxes/lines your tax authority's return actually asks for (tax collected on sales, tax paid on purchases, net due).

Using It

1. Select the tax period matching your filing frequency (monthly/quarterly/annual, depending on your jurisdiction).
2. Review each tax grid line — click through to the underlying invoices/bills if a number looks off.
3. Export or use the figures directly to complete your official return.

Tax Lock Date

After filing, set a Tax Lock Date (Settings > Invoicing > Fiscal Periods) up to the filed period's end date — this prevents anyone from later editing a transaction that's already been reported to the tax authority, which would make your filed return and your books disagree.

Multi-Jurisdiction Businesses

If you operate across regions with different tax rules, fiscal positions (see the Accounting course's "Fiscal Positions" article) determine which taxes apply to which transactions, and this report reflects that automatically — you don't need to manually separate transactions by jurisdiction.