Accounting & BookkeepingTax Preparation & Strategy3MediumBookkeeper$ implied
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.
47
0
Opp. Score
47
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
Part of App Idea
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