Business needs to correctly record sales tax payable on cash-basis service revenue but lacks per-service breakdown to allocate taxes from lump-sum deposits.

Existing accounting software assumes invoices or detailed transaction breakdowns, but cash-basis contract revenue comes as a single deposit without tax breakdown, making sales tax tracking inaccurate.

Severity

3Medium

Willingness to Pay

implied

Added

Jun 4, 2026

App Concept

CashTax Splitter

An app that integrates with bank feeds and accounting software to automatically split lump-sum deposits into revenue and sales tax payable based on user-defined tax rates and contract rules. It handles retrospective reconciliation and generates correcting entries.

Key Features

Automated splitting of bank deposits into revenue and tax liability using customizable rules
Back-dated entry generator to correct historical lump-sum deposits
Integration with QuickBooks, Xero, and other accounting platforms
Audit trail and reporting for sales tax compliance

Target Users: Bookkeepers and small business owners in cash-intensive service industries (e.g., construction, home services) who receive contract payments without itemized tax breakdown

Revenue Model: $29/mo per business, with a 14-day free trial

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