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In NH I am not collecting sales tax but I am collecting a meals and rental tax, how do I turn this function on Quickbooks so that I can sync my sales from Square?

 
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QuickBooks Team

In NH I am not collecting sales tax but I am collecting a meals and rental tax, how do I turn this function on Quickbooks so that I can sync my sales from Square?

Hi there, @cake-veganbakery

 

Congrats on making your first post. I'm here to help you set up a meal and rental tax on your QuickBooks Online account. 

 

You can assign tax categories to your inventory. These categories help you calculate sales tax more precisely. This way you'll be able to charge the right sales tax for your location and item type. 

 

I'm going to provide steps below on how to assign a tax category to a product and service: 

  1. Select the Gear icon and then choose Product and Services.
  2. When creating a new item, pick New and then the item type. 
  3. On the "Product/Service information" window, pick the Is Taxable checkbox.
  4. From the Sales Tax Category drop-down menu, go to a category. 
  5. From the What you sell drop-down menu, choose an item type. Tip: If you’re not sure what to pick, check with your accountant or find an accountant who can help.
  6. Select Save and close. 

Also, I'm going to be attaching a link below with some additional information about QuickBooks tax's as well: 

 

QuickBooks Tax

 

Thank you for reaching out to the Community. If you have any more questions, please don't hesitate to reach back out. Happy Monday!

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Level 1

In NH I am not collecting sales tax but I am collecting a meals and rental tax, how do I turn this function on Quickbooks so that I can sync my sales from Square?

This doesn't seem to be working for me.  I don't have the option to make an item taxable.  When I try to turn on sales tax it tells me NH doesn't collect it, which it partly true but I do have to pay meals and rental tax on certain items. How do I turn this option on?

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QuickBooks Team

In NH I am not collecting sales tax but I am collecting a meals and rental tax, how do I turn this function on Quickbooks so that I can sync my sales from Square?

Welcome to the thread, @cake-veganbakery. I'm here to lend a hand with sales tax.

 

To ensure that I'm on the same page, are you trying to enable sales tax on a specific item or in general? This will help to ensure that I provide the best resolution.

 

In the meantime, I'm including a helpful video on using sales tax in QuickBooks Online:

 

 

I'll be waiting on standby and look forward to getting it resolved. Have a good one.  

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Level 1

In NH I am not collecting sales tax but I am collecting a meals and rental tax, how do I turn this function on Quickbooks so that I can sync my sales from Square?

Thanks for your reply, I'm trying to add it in general. Since NH doesn't collect sales tax when I go to set it up it doesn't give me an option to turn it on.  I need to have the option to apply a meals and rental tax to certain items.

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Moderator

In NH I am not collecting sales tax but I am collecting a meals and rental tax, how do I turn this function on Quickbooks so that I can sync my sales from Square?

Hello dear, cake-veganbakery. I appreciate you for getting back here.

 

Yes, that's right. When setting up the automated sales tax in QuickBooks, the NH doesn't have an option where it can collect sales tax. 

 

We can apply the meals and rental tax to a different agency. However, I would advice to reach out to your accountant for further assistance. They'll be the one who can help what agency can we use to apply the meals and rental tax in your book.

 

Please know that I'm right here together with my colleagues in case you have other questions about QuickBooks. Have a good one. Take care!

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Level 1

In NH I am not collecting sales tax but I am collecting a meals and rental tax, how do I turn this function on Quickbooks so that I can sync my sales from Square?

Is there a way to add it on my own? 

Highlighted
Moderator

In NH I am not collecting sales tax but I am collecting a meals and rental tax, how do I turn this function on Quickbooks so that I can sync my sales from Square?

Hello cake-veganbakery,

 

With Automated Sales Tax, we won't be able to create a sales tax item on our own. QuickBooks calculates the total tax rate per transaction based on the following:

  • Your customer’s tax exempt status
  • Where you sell and where you ship
  • Your service or product’s tax category

Also, it is dependent on your business address. I'd recommend reviewing your business address so QuickBooks can set up the right tax agency for you: Set up where you collect sales tax in QuickBooks Online.

 

You might want to review the economic nexus if you're collecting sales tax in another state. Aside from that, it's also best to speak with your accountant. They can give you more information on how you can record the meals and rental taxes.

 

We'll be around if you need additional help with this.

 

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