Tax Collection Report

The Tax Collection Report provides two report views that summarize the taxes collected during your event. You can view tax collected by guest or by item, making it easy to verify tax totals, reconcile collected taxes, and determine the amount that must be remitted to the appropriate tax authority.

💡 Good to Know: This report can be found under Reports > Financial Reports > Tax Collection Report.

When opening the report, you can choose one of the following options:

By Guest – Displays the total tax collected for each guest.
By Item – Displays the total tax collected for each auction item and sales item.

By Guest

The report includes:

Bid Number
Guest Name
Items Total
Total Tax Amount
Tax percentage configured for the event
Total tax collected from all guests

💡 Good to Know: This report summarizes the total tax collected from each guest, making it easy to verify the tax charged during checkout.

By Item

The report includes:

Auction items and sales items listed separately
Catalog Number (Auction Items)
Item Name
Fair Market Value (FMV)
Sale Price
Quantity
Tax Amount Collected
Total tax collected
Tax percentage configured for the event

💡 Good to Know: This report summarizes the amount of tax collected for each item sold, helping you verify taxes collected by individual item.

Print or Export the Report

After generating the report, you can choose to:

Download PDF
Download Excel
Print

💡 Good to Know: The spreadsheet version is useful for sorting, filtering, and reconciling tax information. The PDF version is ideal for printing, saving, or sharing with your accounting team.

Use the Report

Use this report to:

Review the total taxes collected during your event.
Verify taxes collected by guest or by item.
Reconcile tax amounts with payment activity.
Determine the amount of sales tax that must be remitted to your taxing authority.
Ensure the tax collected is earmarked within your event deposits so those funds are available when it is time to remit payment.
Verify that your configured tax rate is being applied correctly.

💡 Good to Know: This report is commonly used during post-event financial reconciliation to verify tax liability and ensure the appropriate tax amount has been set aside before remitting payment.

Printable Quick Help Guide:

(see below for printing instructions)

How to Print This Guide

Right-click on the image of the guide
Select Save Image As…
Save the file to your computer
Open the saved image
Click Print (or use Ctrl + P / Command + P)

💡 Good to Know

For best results, print using Full Page or Fit to Page settings to ensure proper sizing and clarity.