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Lesson 15: Tracking and Paying Sales Tax If you want QuickBooks to track and pay your sales tax, there are five things you need to
Lesson 15: Tracking and Paying Sales Tax If you want QuickBooks to track and pay your sales tax, there are five things you need to do: WPE'JN?' QuickBooks allows you to group some or all of your tax items so that customers see a single tax amount on your invoices and cash sales receipts. Instead of a sales tax item, this involves creating a You must distinguish between taxable items and nontaxable items in your You can assign the appropriate sales tax to a based on the county and state they live in. If you have set up a default sales tax, assigned taxes to your customers, and marked taxable items, QuickBooks calculates and applies the tax when you make a sale. QuickBooks gives you three ways to determine the amount of your sales tax liability: 1. 2. 3
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