Hello My QuickBooks Online Sales Tax friends!! This video will show you how you to activate sales tax in the account settings window of your QuickBooks online account. This will enable the sales tax center. You can set up your tax agencies and your sales tax rates and sales tax items in this part of Q.B.O. You will see how to add sales tax to an invoice an see how it accumulates by tax period to calculate the correct amounts and dates for future sales tax payments I hope you will “like” after watching each one and please support the channel and subscribe. -Mark
Is there a way to shut off QBO tax center?? I'm in the midst of large reconciliation project & when I drill down & view an invoice that's already been paid I get message regarding outdated sales tax.
That sounds like a dysfunction in your account and I suggest you call QuickBooks Online support and I would Google the number because it changes all the time and these types of physical problems used to happen all the time in QuickBooks Online
Hi while following along, should we use the 16 Nov 2020 Date when building the invoice or a more recent one that would fall within the current quarter?
When you do the tutorial you can use the current year and use the same dates it really won't matter if you use the past year because these things are just for example as long as you're consistent with the way you do it across the whole tutorial That means if you started using the year 2020 you have to use that for the whole tutorial Mark
Thank you, but that's an accounting and tax question. And not a quick book's functionality question I'm assuming your tax professional or c p a would know how to handle that Mark
@@worldwidequickbooks Thanks for your quick response. All of your video are excellent and very much helpful to me. I understand your point. Please let me explain the situation: As my company is under Tax holiday i.e. no tax is applicable for next few Tax period, currently can I create Customer Invoice with uncheck the "Tax check box" in order to avoid calculation of Tax.? Later on when Tax the exemption period will over then I will check mark the "Tax check box" in order to auto calculation of Tax by QBO, while creating Customer Invoice. So my question is, will QBO allow me to create few Invoices with out Tax & few Invoice with Tax of a same customer? Hope you understand, my concern is not related with CPA, it's very much related with QBO. Please advice me Sir.
Hello! Mark. In my qbo trial , when I get in to tax tab , it's showing a different screen not like your one. In my qbo it's not taking the company address automatically rather it's asking for manual input. Please help me Sir how I can get in to tax center in my qbo.
Hello My QuickBooks Online Sales Tax friends!! This video will show you how you to activate sales tax in the account settings window of your QuickBooks online account. This will enable the sales tax center. You can set up your tax agencies and your sales tax rates and sales tax items in this part of Q.B.O. You will see how to add sales tax to an invoice an see how it accumulates by tax period to calculate the correct amounts and dates for future sales tax payments
I hope you will “like” after watching each one and please support the channel and subscribe.
-Mark
Thanks for another helpful video!
My pleasure!
Gray hearing from you.
I'm here if you have any questions
Mark
Is there a way to shut off QBO tax center?? I'm in the midst of large reconciliation project & when I drill down & view an invoice that's already been paid I get message regarding outdated sales tax.
That sounds like a dysfunction in your account and I suggest you call QuickBooks Online support and I would Google the number because it changes all the time and these types of physical problems used to happen all the time in QuickBooks Online
Hi while following along, should we use the 16 Nov 2020 Date when building the invoice or a more recent one that would fall within the current quarter?
When you do the tutorial you can use the current year and use the same dates it really won't matter if you use the past year because these things are just for example as long as you're consistent with the way you do it across the whole tutorial
That means if you started using the year 2020 you have to use that for the whole tutorial
Mark
Hello Mark! if a company is enjoying Sales Tax exemption what is the process to submit the tax papers through QBO. Please advise me.
Thank you, but that's an accounting and tax question. And not a quick book's functionality question
I'm assuming your tax professional or c p a would know how to handle that
Mark
@@worldwidequickbooks Thanks for your quick response. All of your video are excellent and very much helpful to me. I understand your point. Please let me explain the situation:
As my company is under Tax holiday i.e. no tax is applicable for next few Tax period, currently can I create Customer Invoice with uncheck the "Tax check box" in order to avoid calculation of Tax.?
Later on when Tax the exemption period will over then I will check mark the "Tax check box" in order to auto calculation of Tax by QBO, while creating Customer Invoice.
So my question is, will QBO allow me to create few Invoices with out Tax & few Invoice with Tax of a same customer?
Hope you understand, my concern is not related with CPA, it's very much related with QBO. Please advice me Sir.
Hello! Mark. In my qbo trial , when I get in to tax tab , it's showing a different screen not like your one. In my qbo it's not taking the company address automatically rather it's asking for manual input. Please help me Sir how I can get in to tax center in my qbo.
Thnak you for asking.
I think if you have something different from what you see in the video, you ned to contact quickbooks sales and support.
Mark