Chapter 5

Managing Sales Tax, Services, and Inventory

IN THIS CHAPTER

Bullet Setting up sales tax and automated sales tax

Bullet Taking a look at the Economic Nexus feature

Bullet Creating custom sales tax rates, and reporting and paying sales tax

Bullet Distinguishing between inventory and non-inventory items

Bullet Figuring out how to import and export products and services

Bullet Editing and creating inventory records with Spreadsheet Sync

Hello, dear reader, it’s time to play “choose your adventure!” Jump ahead to the “Working with Products and Services” section if you aren’t required to collect sales tax. Don’t worry, I won’t be offended. Otherwise, hang with me for a minute before you start adding the stuff you sell to QuickBooks. There’s no question of which comes first, you really do want to set up sales tax before you start adding your goods and services to QuickBooks. Once you see how to add what you sell to QuickBooks, ...

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