With QBs self-employed version. I want to have my invoices show a flat rate and round dollar amount. How can I add sales tax to all of my transactions to reflect this?

Thank you for posting your question, loodlelens-gmail.

Showing only the flat rate and rounded off dollar amounts is not a feature in QuickBooks Self-Employed.

About adding a sales tax to invoices, this can be done manually by adding the tax part as another item to your invoice. See about manually tracking sales tax in QuickBooks Self-Employed.

If there's anything that I can help you with your transactions, please don't hesitate to reply to this thread.

Hi!

Thanks for the reply. I tried to add that as a line item like you said, but it didn't make sense to me. Ideally, I would have a set price and then add the 6% tax (I'm in FL) and the end number on all invoices would be the flat rate I offer my clients. It seems as though I will have to do the math everytime instead of making a price and then simply adding 6% to that to get to the round number. This might be confusing to read, but I was hoping to get a simple solution for this.

I'm here to share how adding a sale tax works in QuickBooks Self-Employed (QBSE), loodlelens-gmail.

In QBSE, you need to manually add a sale tax item when creating an invoice. And, you'll have to calculate the amount for the purchase total.

Having an accurate amount of the sales tax on the invoice will help organize your data during tax season. You can follow these steps on how to create an invoice with the sales tax:

1. Go to the Invoices menu.
2. Click Create invoice.
3. Select Add product or service.
4. Choose the Product or Service drop-down and then + Add new.
5. Enter "Manual sales tax" for the name and enter your sales tax rate.
6. Click Save.

Once you receive the payment, you can either enter the transaction and categorize it on the Transactions page. Or download payment from your bank if it's connected online.

I'm also adding this link for future guide: How QuickBooks Self-Employed tracks self-employment taxes.

Stay in touch with me if there's anything else you need about tracking sales tax in QBSE. I'll be right here to help you.

Hi!

Thanks for the reply. The only issue that happens when I do what you wrote is that I cannot see an option to add in a percentage rate. Am I missing something there?

Hi loodlelens-gmail,

Thanks for going back to this thread.

You're not missing anything. It's just that due to the limitation of the software, you will really need to calculate the tax amount of the total sales. Then, add the tax item (flat rate) and enter your calculated tax amount.

Feel free to reach back out if you have other questions in mind.