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Call QuickBooks Support @ 1-877-227-2303 To Know How to Set up your Sales Tax

In this article you will learn how to set up, edit and deactivate your sales tax rate and settings. To know more call QuickBooks Support.

You can add and edit tax agencies, rates, and settings using the Sales Tax Center.

How to add a tax rate and agency?

Follow the steps given below to add a tax rate and agency:

• Click on Taxes from the left menu.

• On the right under the Related Tasks list select Add/edit tax rates and agencies.

• Click on New and then either select a single tax rate or a combined one.

• Now you need to enter a name for the tax, the name of agency to whom you pay, and the percentage for the rate that you are paying.

If you pay just one rate to a single agency use a single rate.

• Click on Save.

How to add a combined rate?

Please Note:

1. Your customer can only see one tax rate on their sales form along with thw combined tax rate. For each agency, the sales Tax Center keeps track and splits out the appropriate amounts.

2.In a combined tax rate up to 5 components can be added.

How to add a combined tax rate?

• Click on Taxes from the Left menu.

• Choose Add/edit tax rates and agencies give under the Related Tasks list on the right.

• Click on New and then select Combined tax rate.

• For the combined rate, enter a name and the sales tax requirements. (the sales tax requirements are different.)

• (This step is Optional) Click on additional components.

• Click on Save.

A few things will happen once you are done:

1. In the Sales Tax Rate and Agencies list, the new rate appears.

2. You can now select the new combined rate in forms such as invoices.

3. In the Sales Tax Center, you can now see the amounts owed to each agency in the Sales Tax Owed list.

4. You can also have a look on the Sales Tax Liability report.

How to edit a tax rate?

Please Note:

1. If you need to make changes to a sales tax rate, you can edit it.

2. Only the component rates are editable.

3. Make changes to the component rates to edit a combined rate.

How to edit a tax rate?

• Select Taxes from the left menu.

• Choose Add/edit tax rates and agencies under the Related Tasks list on the right.

• Make changes inthe rate that you are willing to change and then click on Edit.

• Now, enter the new rate. You can makes changes in the agency name also.

• Click on Save.

To know more on how to set up your sales tax in QuickBooks Call QuickBooks Support on their toll free number 1-877-227-2303. Also, you can write us at support@quickbooksupport.net. Feel free to reach us anytime; our team of executives is 24/7 available at your service. For more information visit, www.quickbooksupport.net.

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