Know To Edit Sales Tax Codes In Quickbooks

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QuickBooks is amazing software that has managed the complete task of a company on a small and medium level to manage the business. QuickBooks functionality is based on two items that are Account and Items. It uses Account chart and trial balance to prepare financial reports. Its’ Sales Tax shows sales summary that helps you to have taxable sales, total nontaxable sales, sales tax, and collected tax. With its’ great utility users have also reported for some issues like Tax codes. However, with the help of a customer support number for QuickBooks sales tax any type of sales tax issues can be resolved soon.

With the help of Tax Codes, users can maintain the accuracy of their tax files and can add more items and expenses. Sometimes users need to make changes in their tax file so that they can modify it as according to changes. Here, you need to edit in your Sale Tax for which you can dial a support phone number for QuickBooks Payroll. You can also go through the information shown in this post to modify your Sales tax. Let you know that:

•    Start your QuickBooks software and click on the Lists menu and choose Sales Tax code list.

•    Now, search for the tax code that you want to change and double-click on it.

•    Modify and make the changes in your tax code list as per your need.

•    Here, you can change the sales tax name, tax rate, description, tax agency and much more.

Now, for creating a new Sales Tax code you need to follow the procedure as shown below:

•    Start your QuickBooks software and click on the Lists menu and choose Sales Tax code list.

•    Click on Edit and choose Preferences.

•    Now, choose Sales Tax and then company preferences.

•    When it asks you to collect taxes, then you need to choose ‘Yes’.

•    Again click on lists menu and choose Sales Tax Code list.

•    Now, choose sales tax code and click on New.

•    Choose the type of sales tax that you use in your business.

•    Now choose Taxable and Nontaxable.

•    Click on OK.

With these steps, you can successfully edit your Sales Tax Codes as per your need. If you want to know more editing tips, then you can dial a toll-free phone number QuickBooks technical support number. Their experts instantly respond to your call and help you with perfect guidance and solution.

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