Creating a Sales Tax Group


Some companies have to remit sales tax to multiple sales tax authorities. If you are among those companies that are required to charge and remit sales tax to more than one taxing authority, you can group the sales taxes together and apply them at once to the item being taxed. Each sales tax is set up as a separate sales tax item in QuickBooks, but on your invoices the sales tax group appears as if it were one tax.

Select Lists, Item List from the menu.

Press Ctrl+N to create a new item.

Select Sales Tax Group as the item type.

Enter a name for the sales tax group.

Enter an optional description for the group.

Enter each of the sales tax items you want to include in the group.

Click OK.




Show Me. QuickBooks 2006
Show Me QuickBooks 2006
ISBN: 0789735229
EAN: 2147483647
Year: 2005
Pages: 328
Authors: Gail Perry

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