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How do you change your tax entity after its already set? I accidently left out the purchases tax feature

 
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How do you change your tax entity after its already set? I accidently left out the purchases tax feature

I can think of two scenarios for this, superiortourserv.

 

In QuickBooks Online for US version, we don't support tax tracking for purchases. However, we can make an item or account to track the taxes for all your items or services. I'll show you how:

 

Here's how to add a tax item:

 

  1. From the Sales tab, select Products and Services.
  2. Click the New button.
  3. Select either Non-inventory or Service.
  4. Fill out the information in the Product/Service information page.
  5. Click Save and close.

 

Then, here's how to add an account:

 

  1. Select Chart of Accounts from the Accounting tab.
  2. Click New.
  3. Select an expense account in the Account Type field.
  4. Choose a Detail Type, and then enter a Name.
  5. Click Save and Close.

 

If you're using QuickBooks Online for an international region, we'll have to create a custom tax to trigger the option to track purchases. Let me guide you how:

 

  1. Click the Taxes tab, and then select Add tax.
  2. Select Custom tax.
  3. Enter the required details.
  4. Tick This tax is collected on purchases.
  5. Enter a Purchase rate.
  6. Click Save.

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I've also added this article for more information about Sales Tax in QuickBooks Online: Sales tax in QuickBooks Online.

 

Just let me know if you still need my assistance in creating a custom tax. I've got you covered!

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