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Chart of Accounts

How to add an account number to default accounts set up by QuickBooks such as Sales Tax Payable

BUY QuickBooks Online – Anytime, Anywhere. Easily Track Sales, Bills and Expenses. Here’s how to add an account number in QuickBooks: To enable account number settings: Click on the Gear icon. Select on Account and Settings. Select on Advanced. Under Chart of accounts, turn on Enable account numbers by clicking the pencil icon. Put a […]

Sales tax amount will not automatically calculate the Customer Invoice but rate shows up on the invoice.

Sales tax amount will not automatically calculate the Customer Invoice but rate shows up on the invoice.

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Sales Tax

How to Manage SALES TAX – set up, collect, report and pay sales tax in QuickBooks Online

QuickBooks Online – How to Manage SALES TAX – set up, collect, report and pay sales tax From the Dashboard > Taxes Set up products and services and make it taxable > Gear > Lists > Products and Services > New > select ‘Is taxable” box. Also, see reference article: Sales tax in QuickBooks Online

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Sales Receipt Sales Receipt 2 Sales Tax

How to record sales tax refund check from Tax Agency in QuickBooks Online

I’ve not seen a single article from QuickBooks Help related to this subject on how to record Sales Tax refund check in QuickBooks Online. Most of the answers found don’t work or whoever answered the questions does not fully understand how Sales Tax Center is so limited to making any credit/refund adjustments. It’s not clear […]

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QBO QuickBooks Sales Tax

Sales Tax on Shipping Costs

What Small Businesses Need to Know About Sales Tax and Shipping QuickBooks blog From the article: For small businesses selling goods online to remote customers, shipping is an integral part of doing business. And, some states tax shipping costs just like they tax the purchase price for a product sold. But, then again … some […]

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Sales Tax

Does QBO automatically pull deposits pre-payment on taxable items into Sales Tax Payable

The answer is no. Deposit field on Invoice is below the total field. It does not compute sales tax on deposit (acts more like pre-payment) field in QBO. If you run the Sales Tax Liability report from the Sales Tax Center (View sales tax liability report under Related Tasks at the far right side). Just […]

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Sales Tax

How do I edit rename a sales tax agency in QBO

To edit and rename the Agency paid for Sales Tax in Sales Tax Center: 1. Click on Sales Tax (or under taxes) at left navigation bar. 2. Right below the Agency name is a blue link to rename. (Screenshot 1 below). 3. Then enter the Agency name so when you write a Sales Tax Payment […]

How to delete Sales Tax Pay Payment in Sales Tax Center?

How to delete Sales Tax Pay Payment in Sales Tax Center?

Sales Tax

The Sales Tax Center (From the Homepage screen > Left navigation bar > Sales tax) is where to set up and track sales tax for your company in QuickBooks. This is the best way to track, pay sales tax and review sales tax reports in one place. In Sales Tax Center, you can: Set up […]

How to set up sales tax for various tax agencies but make payment all on one check

If you are paying combined sales tax all on one check, you would make the same Agency Name (payment to) for the tax components type in QBO sales tax center.