Cash Flow Trap - Handling Sales Tax Most Effectively

12/09/2025 8 min
Cash Flow Trap - Handling Sales Tax Most Effectively

Listen "Cash Flow Trap - Handling Sales Tax Most Effectively"

Episode Synopsis

In my bookkeeping business, Coeurbridge, we have encountered issues with conflicting tax flows when paying sales tax for clients. The reason for this is that sales tax is collected on invoices and deposited into your regular operating expense checking account. However, if you do not transfer it into a separate sales tax agency payable checking account, you risk spending money that is not yours.Want to talk to us about assisting your small business with bookkeeping?calendly.com/coeurbridgeWebsite: www.coeurbridge.comVideo of podcast: https://youtu.be/0Md_eRitxqM