QuickBooks Online How To: Set Up Sales Tax

How to set up sales tax in QuickBooks Online

Add a tax rate and agency
  1. Click Add/edit tax rates and agencies in the Related Tasks list to the right.
  2. Click New and select either a single tax rate or a combined rate.
  3. Enter a name for the rate, the agency you pay the tax to, and the percentage for the rate. Use a single rate if you pay just one rate to a single agency.
  4. Click Save. The new rate appears in the Sales Tax Rate and Agencies List. You'll see the new rate in forms like invoices and sales receipts.
You can edit a tax rate or tax name once you've added it.
Add a combined rate with multiple agencies
If you're required to track sales tax for more than one tax agency, consider setting up a combined tax rate.

To add a combined tax rate:

  1. Click Add/edit tax rates and agencies in the Related Tasks list to the right.
  2. Click New and select Combined tax rate.
  3. Enter a name for the combined rate.
  4. Add the different sales tax components that make up the combined rate: component names, agencies, and percentages. You can add additional components if needed.
  5. Click Save.
The new rate appears in the Sales Tax Rate and Agencies list. You can also now select the new combined rate in forms like invoices.

To edit a tax rate:

  1. Select Sales Tax to go to the Sales Tax Center.
  2. Click Add/edit tax rates and agencies in the Related Tasks to the right.
  3. In the Sales Tax Rates and Agencies table, select the rate you want to change and click Edit.
  4. In the Edit Sales Tax Component window, change the rate. You can also change the component name if you like.
  5. Click Save.


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