Question
how to record marketplace facilitator tax in QB online
We are in California and have a Shopify account that we had an out of state sale through our linked Facebook shop (Marketplace Facilitator) where FB collected the sales tax and will remit payment directly to Arkansas Tax Agency. So technically we don't owe the sales tax but I have to record it somehow in Quickbooks since my bank transaction shows a Shopify withdrawal for the sales tax amount ($45) separately from the total payout deposit amount ($606.64 which is the total sales transaction of $600+45 tax - minus merchant fees of $38.36).
I could do an invoice for $600 with a Custom Tax rate called Marketplace Sales with 0% sales tax but I don't know how to account for the bank transactions.
Any help would be appreciated!