QuickBooks HelpQuickBooksHelpIntuit

Set default VAT code for your Chart of Accounts

by Intuit Updated 5 months ago

Do you want to assign default VAT codes to your Chart of Accounts? Good news! You can make bulk changes to the default VAT codes in your Chart of Accounts.

Note: Default VAT codes can only be set up in the Chart of Accounts, and for products and services. You can't add a default VAT code to a customer or supplier.

Bulk assign default VAT codes to your Chart of Accounts

  1. Go to Transactions and select Chart of accounts (Take me there)
  2. Choose the chart of accounts you want to assign the same VAT code to.
  3. Select Batch actions, then select Set default Tax code.
  4. Select a VAT code, then select Apply.

That's it! The new default code will show in the VAT Rate column.

Sign in now for personalized help

See articles customized for your product and join our large community of QuickBooks users.

More like this