cancel
Showing results for 
Search instead for 
Did you mean: 
thaymaker
Level 1

Missing Local Colorado Sales Tax Jurisdiction

I'm having the same issue. It is causing me to under collect in many jurisdictions. We end up paying the taxes ourselves. Quicken did give me the ability to set up my own custom rates, and they imported the ones I was using before switching to automated calculations, but half of them give me an error now and won't save. This has really screwed up my ability to collect the correct tax amounts. Its not just LID that is missing from my calculations, but MHA, RTA, MDT, MTS, HSD, PSI, and HSA as well (as far as I can tell thus far). The only special jurisdictions I do see calculate property is RTD and CD. CITY is even missing for Denver. This is not right and I just wish I could revert to using my own earlier tax setup.

 

Quickbooks Online, if you're listening, look at the attached document showing all the taxing requirements in Colorado.

Jason SM
Level 1

Missing Local Colorado Sales Tax Jurisdiction

I just found out that QBO invoicing hasn't been charging sales tax for any of my Denver clients this year!!!! Invoicing through quickbooks online has been an incredibly bad experience all year but this is over the top. The product very clearly communicates to you that tax is being automatically calculated. Then, come to find out it's only charging State and RTD?!! Even the rep I spoke with said that this is terrible! I'm told I have to add it manually every time. I am going to be out thousands of dollars that I don't have because of this constantly inept global corporation. What is happening?!!

jeanbiverly_
QuickBooks Team

Missing Local Colorado Sales Tax Jurisdiction

Hello, Jason. I appreciate you sharing your experience with the sales tax issue in QuickBooks Online (QBO). Accurate invoicing is crucial for businesses as it affects compliance and revenue.

 

The sales tax setup in QBO for your Denver clients may need adjustment. You'll need to ensure all relevant sales tax rates for Denver are properly configured. This can help guarantee that taxes are automatically applied to your invoices in the future.

 

Here's how:

 

  1. Navigate to Sales, then choose Customers.
  2. Select your customer to expand their info.
  3. Click Edit at the top.
  4. In the Additional info section, review the rate from the Sales tax rate dropdown.
  5. Hit Save.

 

SALESTAXCUSTOMER.png

 

You can also run a report to see which customers are marked as taxable. Just follow these steps:

 

  1. Go to Taxes and open the Sales tax tab.
  2. Select an agency.
  3. Scroll down to the Reports dropdown button and choose Taxable customer report.

 

SALESTAXREPORT.png

 

For additional details, visit this article: Default customer sales tax rate.

 

I'll be attaching these articles for more insights on automated sales tax: 

 

 

If you need any more help navigating the sales tax settings, feel free to reach out. I'm here to support you in getting the most out of QBO. Take care.

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us