Updating sales tax rates in quickbooks meet sex offenders online dating
For your tax reporting you will need to show the amount that was taxed at the old rate, and the amount that was taxed at the new rate.
So, although the invoices are correct, your sales tax liability report is incomplete.
So, how can you keep up to date on sales tax rates in Quick Books?
I’ll change the name of the original rate to note that it is for the first quarter, and the new rate item will have a name that differentiates it from the other.
However, there is a trick that can make this a simple chore.