From the course: QuickBooks Pro 2020 Essential Training
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Set up sales tax - QuickBooks Pro Tutorial
From the course: QuickBooks Pro 2020 Essential Training
Set up sales tax
- [Instructor] There's several puzzle pieces that must be in place in order to process sales tax. Your first step is to make sure you tell QuickBooks that you do indeed charge sales tax. We do that by selecting Edit from the File menu, choosing Preferences, clicking Sales Tax on the left hand side, and then Company Preferences. In the do you charge sales tax area select Yes. We'll get some new items that we can choose from. The first thing we need to do is add our first sales tax item. Remember, you do need to check with your state or jurisdiction to make sure you know what's taxable. You may need to tax all product sales, or products and services, or maybe nothing is taxable in your state. I'll click the Add sales tax item button. You may recognize this as similar to the New Item screen. It's just a little bit more compact in this view. So here's where we were before to add a service and non-inventory part, but this…
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