Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Tracking all kinds of taxes is important for showing the complete picture of your business's expenses, yunke8849.
Please note that the tax tracking feature for some of the regions of QBO Global can only be used for sales transactions. Can you tell us what country you're in?
If the Tax column only shows when making sales entries, it means that tracking taxes on purchases is currently unsupported for your region.
As a workaround, you can create a dedicated expense account for tax on purchases. Then, you can add this as a second line item when recording the expense transactions.
I'd be glad to show you how:
Once done, add this account in the second or last line item when recording your purchases.
I'd also like to share some of our tax-related articles in case you need more information when using this feature:
Don't hesitate to join us back in the forum if you need more help when paying and filing your taxes in QBO. We're always here to provide ongoing support and point you to relevant resources.
Hello Jenop2,
I am currently in Mexico, I presume Mexico tax is supported, because IVA tax rate is a default setup, I did not create any new tax rate, it is there all the time.
Thank you for providing additional details with your concern regarding taxes, yunke8849I. While QuickBooks Online Global Mexico does support the tax tracking feature for sales transactions, this functionality is unavailable for purchases. It is the sole reason there's no Tax column when creating an expense.
You can consider following the suggested workaround provided by my colleague, jenop2, which involves creating a dedicated expense account for tax on purchases. This process will help you move forward and achieve your goal.
I understand the importance of having a Tax column when creating an expense to facilitate accurate calculations. That said, I recommend sending feedback to our product development team. Our engineers will thoroughly review your ideas and may consider implementing them in the future.
Your input holds significant value to us. You can track your recommendations through our QuickBooks Online Feature Requests website.
Moreover, you can set up and track your inventory items to manage them in QuickBooks.
Expressing your need for the Tax column to be available when creating an expense may influence future enhancements. Your input can contribute to shaping the program's future capabilities. Let me know if you need any help, yunke8849.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
For more information visit our Security Center or to report suspicious websites you can contact us here