Do you have to consolidate the sales tax accounts?

Hi mpritzos,

Welcome to the QuickBooks Community. It sounds like you're working in the Sales Tax module in QuickBooks Online, which is a fairly easy feature to help you track your sales tax on income and expenses so you can have confidence when remitting. I'll do what I can to help you with your question about consolidating accounts.

With more information about why this question has come up for you, I'll be able to offer you guidance on how to proceed with your situation. When you've set up sales tax in QuickBooks Online through the Taxes tab and have added the sales tax codes you need, the program should automatically be tracking the sales tax information to the appropriate accounts in your chart of accounts. QuickBooks sets up these accounts for you so you don't have to worry too much about managing and creating these accounts.

This is why it'd be helpful to know more about your situation. It could end up being that you're best to consult an accountant to learn when and if you should be consolidating accounts, but I'll be able to guide you further with these details.

If you'd like to skip right to asking an accountant, that's okay too! You can even use the My Accountant tab in QuickBooks Online to invite your accountant as a user to your books or you can take advantage of the Find a pro to help button if you don't already have someone you're working with.

You can reply to this thread if you have other details you'd like to share. This is a public forum, so keep that in mind with the information you're sharing. It's best to keep account sensitive details and other identifiers to yourself just to be sure that information is secure.

Don't hesitate to reach back out!