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usernotteeluna
Level 1

We in Saudi Arabia have two types of taxes on the same invoice value added tax And the tobacco bottle How can I add it to the system?

 
1 Comment 1
Mark_R
QuickBooks Team

We in Saudi Arabia have two types of taxes on the same invoice value added tax And the tobacco bottle How can I add it to the system?

I've got you covered, @usernotteeluna.

 

You can combine the Value Added Tax (VAT) and Tobacco tax by creating a group tax. This way, you can add these two types of taxes to one invoice. Let me guide you through the process.

 

Firstly, you'll need to add the Tobacco tax in QuickBooks Online (QBO). Here's how:

 

  1. Click Taxes from the left menu.
  2. Select Add tax and choose Tax rate.
  3. Enter the tax name (Tobacco Bottle) and choose the tax agency from the drop-down.
  4. Click Save.

 

Once done, let's now group the VAT and Tobacco tax. Please be guided to the steps below:

 

  1. In the Taxes menu, click the Add tax again.
  2. Choose Group rate.
  3. Enter the group name (VAT and Tobacco).
  4. Select the tax rate for VAT and Tobacco from the drop-down. Then, choose what amount they're applicable for.
  5. Click Save.

 

After setting it up, you can now use the group rate when creating an invoice.

 

You might also want to create a custom tax rate and tax agency in the future. You can read these articles for more guidance: 

 

 

Please know you can continue to reach me here with any additional questions you may have about taxes. Thanks for coming to the Community, wishing you continued success.