Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ask an expert The default tax status for new customers is Taxable. Taxability of a product or service can be changed on the invoice or
Ask an expert
The default tax status for new customers is Taxable.
Taxability of a product or service can be changed on the invoice or sales receipt.
For each statement related to customers and sales tax in QuickBooks Online, select True or False
If you sell a taxable service to a taxable customer, QuickBooks Online calculates sales tax and adds it to the invoice.
If you sell taxable service to a nontaxable customer, QuickBooks Online calculates sales tax and adds it to the invoice.
True True True False
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started