Met with Eric about sales tax aggregates and taking the new aggregates into the balance sheet and income statement. We had some good discussions and passed notes and comments back and forth over GoToMeeting. Here are the three new expense types that we will be using the help automate the sales tax liability (amount owed), amount paid off, credits earned, and any other penalties, interest, and fees associated with sales tax.

I.S. - Other Revenue (not from sales) - Other Revenue - Credits Earned - Sales Tax

B.S. - Liabilities - Current Liabilities - Accounts Payable - Sales Tax Payments Made

I.S. - Normal Expense - Semi-Fixed Expense - Fees - Penalties and Interest From Sales Tax

We also went over some possible settings and known pages where we will be working. Eric has a full copy of all of the notes, ideas, and bullet points.

After the meeting, I went back and did some recording of notes, checking emails, and recording info for paypod project. Light clean-up session.