PrompTax is an electronic filing and payment program that's mandatory for certain businesses in the state of New York. One condition is if the tax liability for the June 1 through May 31 period immediately preceding the previous June 1 through May 31 is more than $500,000.
A taxpayer must pay in sales tax no later than 3 business days after the 22nd day of each month. Sales tax is paid in for the 1st – 22nd of the current month, and for the 23rd – end of the previous month.
Here’s the problem: The Tax Periods can only be configured as Half Month, Month, Two Months, Quarter, Half a Year, Year, Financial Period. There is no way to create a tax report for 23rd month 1 through 22nd month 2.
Anyone else face this and solve it?