Time for action - charging sales tax on sales
Let us take an example where we are selling an item for which all three taxes are applicable:
- In the Edit Invoice window, you will see a column for Tax Table. From the dropdown list select the VA-Fairfax-Vienna tax table. Make sure the column marked Taxable? Is checked and Tax Included? is not. You will see that the appropriate tax is calculated and applied.
- In some jurisdictions, some of the costs are not taxable. For example, in Maryland, delivery charges are not subject to sales tax. Add a separate line item for delivery charges in the invoice and uncheck the Taxable? column.
- Once you have verified all entries, make sure you Post the invoice as shown in the following screenshot:
- Showing individual ...