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Setting up Sales Tax in QuickBooks can become a tough task for you if you have no idea what to do and how to do the same in an effective manner. It means it is a matter of dependency on QuickBooks support resources that can guide you in the right direction and can make things happen when you have to set up sales tax in QB. It is mandatory to do so as one needs to collect and forward sales tax on behalf of governmental authorities. So, it is vital to form sales tax items and codes along with the creation of sales tax groups. To do so, you need to establish sales tax items and codes. You might also need to create sales tax groups.
For remitting sales tax, all you have to do is to register with the department of taxation for the state or states in which you are selling your individual or commercial products and services. Before remitting sales tax, keep in mind that states have their own sales tax rules and guidelines and they offer their unique filing identification number for your business. Some states charge the tax to customers on specific items sold whereas some of them don’t do the same. That is why you as a QuickBooks sales tax user need to check out the special guidelines offered by the taxing authority. It will be good for you if you can have an updated version of QB sales tax or call the sales tax department for taking a note of all needed documentation.
In case, QB users have no idea of using the sales tax version of the software, collect tax, and send the same to the concerned authority as per official guidelines, they can take help from Intuit QuickBooks support center by dialing a toll-free phone number, sending an email message describing the current issue, or getting indulged in a live chat option. When you get connected to the right authority, you can easily learn the process of adding sales tax in QuickBooks. When you have no idea how to add tax in QuickBooks, how to set up taxes in QuickBooks, how to grouping reports in QuickBooks online, and how to generate QuickBooks sales tax liability report, Intuit support professionals render you general and technical customer support service so that you can easily and confidently manage sales tax in QuickBooks 2016. Whether you have an issue with QuickBooks sales tax adjustment or sales tax liability report, timely assistance from Intuit support center brings immense relief.
Following is a 3-step approach that you can use in order to turn on sales tax and set the sale tax up in QuickBooks as a debutant.
- First of all, set up information on the time factor to pay the tax agency through sales tax payment schedule.
- After this, set up the default sales tax codes for the purpose of monitoring taxable and non-taxable sales of the products and services you deal in, as per needs of state and local sales tax.
- Finally, it is the time to set up a sales tax item and rate as it will help you finally set up sales tax in QuickBooks.
Before you stick to mentioned-above approach, also make sure that you abide by the following suggestion: Learn all about sales tax concepts—sales tax items, sales tax rates, and sales tax codes—in order to track the sales tax which you pay to the concerned tax agency after collecting the same from your customers. It will be great if you can ask Intuit professionals for a better assistance on sales tax.
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