In this chapter, we will cover how to manage sales tax in QuickBooks Online. In the United States, sales tax is typically applied to the sale of products. However, some states and local tax jurisdictions also apply sales tax to certain types of services. You need to consult with your CPA or accountant to determine which laws apply in your geographical location.
We will cover the following topics in this chapter:
- Setting up sales tax in QuickBooks Online
- Creating an invoice that includes sales tax
- Sales tax reports
The U.S. edition of QBO was used to create this book. If you are using a version that is outside of the United States, results may differ.
Setting up sales tax in QuickBooks Online
If you are required to collect ...
