NY requires us to participate in their PrompTax program and I am confused about what is due to them. I don't see the payments on the Liability worksheet and want to know how the payments are calculated.
The NY PrompTax program can use either Estimated or Actual liabilities. Avalara uses the Estimated method which requires an extra payment on the quarterly return.
The first two months of every quarter Avalara will pay the exact Sales Tax liability reported by the customer. On the Quarterly return there will be an additional amount prepaid for the next Quarter.
This additional pull will only occur on Quarterly cycles.