cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Community Contributor *

Invoices

I have a client who is asking for the $ amount of tax being charged for each item on the invoice, instead of just getting the total amount of tax at the bottom on the invoice.  In their system, they have to break out the amount of tax paid per item.  Is there any way I can get QB to do this?

Solved
Best answer 05-09-2019

Accepted Solutions
Community Contributor *

Re: Invoices

Thank you for your quick reply.  I was hoping I could add a column on my invoice that would allow QB to calculate the tax for the item on that row.  I appreciate your assistance and also passing the need along to the developers.

-Tracy

4 Comments
QuickBooks Team

Re: Invoices

Hi @tnolen,

 

As of the moment, there isn't an option to show the taxable amount of each line item in your customer's invoice.

 

However, you can manually calculate each taxable amount of your items. This is because of the equal distribution of your sales tax.

 

While you're unable to show the taxable amount of your items in your invoice, I can pass along your request to our product developers.

 

This way, they'll be able to know your sentiments and the need to show your taxable amount in your customer's invoice.

 

Lastly, you can check the QuickBooks Resource Center. This way, you'll be updated to the latest release being rolled out in the software.

 

Let me know in the comment section down below if you have any other questions. I'll be always around here in the Community keeping an eye for your response.

Community Contributor *

Re: Invoices

Thank you for your quick reply.  I was hoping I could add a column on my invoice that would allow QB to calculate the tax for the item on that row.  I appreciate your assistance and also passing the need along to the developers.

-Tracy

Active Member

Re: Invoices

Is the tax included on the receiving item level, or is it add on the enter the bills

QuickBooks Team

Re: Invoices

You can add the tax on purchase on both receive item and bill transactions, kgordon53. The only difference is the way it is being tracked.

 

If a tax is to be paid at a later date, like a tax on receive items or bills, you can create it as an Other Current Liability account. Then, add it in the Expense tab of these transactions.

 

item receipt 2.0.JPG

 

If a tax is paid at a time of purchase, like on check or expense transactions, create it as an Expense account. Then, add it like in the screenshot above.

 

Here's an article for more details: Track sales tax on purchases from vendors.

 

To check your total tax on purchase, just run a quick report of the accounts that you'll create. Then, set the date range to the tax period you like.

 

item receipt 3.0.JPG

 

Please let me know if you have other concerns. I'm here to help you. Thank you and have great day!