Hello bbcottawa,
Welcome to the QuickBooks Community. Recording your transactions the right way is a good method for keeping your books clean. Rest assured, I'll be happy to show you how to set up a custom tax rate in QuickBooks.
The method below will allow you to manually set up a tax for one of the existing agencies (i.e., Receiver General, Canada Revenue Agency, etc). Here's a few thing to take note of:
- This can be used for tax rate changes and other special tax rates.
- It's better to add an additional tax code than to change the existing one (this way all sales tax rates for that agency would show on the same return).
1. Go to Taxes.
2. Select Sales tax. (Tip: If you use payroll in QuickBooks Online, you may need to select Sales Tax as opposed to Payroll Tax.)
3. Select Manage sales tax.
4. Locate the sales tax agency you wish to add the new rate for, and select Add custom rate.
If you'd like to go deeper into learning more about the above, I encourage you to check out the following article that shows you how to: Add a custom sales tax rate for an existing sales tax agency. Feel free to ask other questions. I'll be on standby in case you need anything else.
