How to manage and track sale taxes in QuickBooks?

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QuickBooks is one of the essential business tool used all around the globe. It helps users to handle their businesses money, bills, and much more. QuickBooks is one of the fundamental accounting software for those who seek a trouble-free means of tracking their business. But sometimes while working on the accounting software if you experience any sort of issue, then you can visit the QuickBooks Support page and get relevant help from the certified technicians.

QuickBooks assists you to keep track of your sales tax collections, and payments in an easy manner. QuickBooks sales tax can be tracked as expenditure in QuickBooks software and then select that account to track your tax payments. If you face any difficulty in tracking sales tax in QuickBooks, then dial a toll-free sales tax support phone number for QuickBooks and get instant solutions from tech experts’ skillfully.

To enable sales tax in QuickBooks Online, follow the below-given steps:

·         If payroll is enabled, Tap Taxes > Sales Tax.

·         Tap Edit sales tax settings in the Related Tasks list to the right.

·         Choose yes in case you charge sales tax.

·         Tap the Default sales tax drop-down arrow to choose which sales tax rate to use as a company default in case a customer is taxable and you haven't chosen another rate.

·         Choose if you mark all new products and services taxable.

·         Choose if mark all new customers taxable. You can still change a customer's taxable status in the Customer Center.

·         Choose No if you don't charge sales tax. If you already charged sales tax on earlier transactions, you won't be able to disable sales tax without first removing sales tax from those earlier transactions.

How to edit a tax name or rate:

·         If payroll is enabled, Tap Taxes > Sales Tax.

·         Tap Add/edit tax rates and agencies in the Related Tasks to the right.

·         Make your changes from there.

In case you are not able to change or edit the sales tax rate, then you can take QuickBooks help support from a reliable technical support providing company and get instant solutions frequently.

To deactivate a tax name:

·         Tap Taxes (if payroll is enabled, Tap Taxes > Sales Tax).

·         Tap Add/edit tax rates and agencies in the Related Tasks list to the right.

·         Choose a tax rate name and Tap Deactivate.

·         Tap Continue.

For more information on how to apply these tax rates to specific transactions, visit the official website of QuickBooks and get relevant help from the technical experts in an efficient manner.

For more info you can read more informative article: How To Fix Sales Tax Liability Issues in QuickBooks?