Is There a Way to Handle Sales Taxes in QuickBooks If You Owe Multiple Government Agencies?
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Yes, QuickBooks allows you to set up each portion of sales taxes separately as a sales tax item and then as a group sales tax.
For instance, in North Carolina we must collect sales tax for state, county and transit taxes.
You would set up each of the three as a separate sales tax item with its specific sales tax percentage. Then set up a group sales tax item and specify that all three of these be included for the total amount owed.
0 Comments
View Comments
Harriet Gatter
Author's page
Related Content
Comments