Call Quickbooks Point of Sale Support and Know How to Set up Sales Tax in QuickBooks Desktop

In this article you will learn how to set up sales tax in QuickBooks Desktop Point of Sale. To know more you can contact Quickbooks point of sale support.

How to apply a single rate tax to all taxable items?

• Select Setup Interview from the file menu.

• Now, go to the Sales Tax tab.

• On the Do you collect sales tax? Select the yes radio button.

• Enter the tax rate in a percentage form and the name of tax agency to which you pay your taxes.

• Click on Done.

Setting up and configuring your sales tax rate

Step 1: Specify that you collect sales tax

• Select Preferences from the file menu 

• Select Company.

• Select Sales Tax from the I want to option

• Click on the Collect Sales Tax checkbox.

Step 2: Set up sales tax location

• Click on the Add tax location or Edit tax location button. 

• Enter the tax location namefrom the Tax Location window.

• Click on OK.

Step 3: Add tax codes

• You can set up your tax codes after adding or editing a sales tax location

• Edit tax codes

• Select Add Tax code or Edit tax code within a tax location.

• Enter or make changes in the Tax code (maximum 3-character) and name of tax code. Please Note: You can optionally add a 1-character mark for the tax code mark to identify items that were sold with this tax code.

Edit tax calculation

 You can select any of the following options to specify the tax rates:

Single-tax rate

• For all items at all price ranges use this to collect the same tax rate.

• Select Single-rate taxfrom the Tax Option information and click on Next.

• Enter the sales tax rate in percentage format.

• Click on Finish.

Step 4: Assign tax codes to inventory items

• Assign the tax codes defined in step 3 to collect the correct tax amount on your inventory items

• Select Item list from the Inventory menu

• Choose the item along with which you want to assign a specific tax code.

• Add a new item or choose from the existing item that you want to make taxable and then click on Edit.

• Navigate to the tax field from the basic info section and then choose the appropriate tax code from the drop-down list.

• Click on Save.

Please Note: If you want to assign a tax code to any department list,  

• In Inventory  select Department List 

• Then select Department name and  Edit 

• Now, select the tax code.

To know more on how to set up sales tax in Quickbooks point of sale call on Quickbooks point of sale support phone number 1-877-933-1633. Also, you can write us at support@quickbooksupport.net. Feel free to reach us anytime; our team of executives is 24/7 available at your service.  For more information visit, www.quickbooksupport.net.