Hello, 9130 3498 0977 1316.
Thank you for reaching out to the Community. QuickBooks online has its own default tax for Cess. You can select either Swachh Barat Cess and Krishi Kalyan Cess. To view this on the tax rate list.
Here's how to do it:
- Click on Taxes and it will take you to Tax Centre.
- From the Tax dropdown, Choose one of the following
- Swachh Bharat Cess
- Krishi Kalyan Cess
3. In the Returns section, locate the period for which you want to enter the payment.
4. In the Action, column against this period, click Record payment or tap the dropdown button and click Record payment.
5. Depending on the agency for which the payment is being record, the following window payment window will come up asking you to enter payment information.
- Record GST payment
- Record Service Tax payment
- Record VAT payment
- Record CST payment
- Record Swachh Bharat Cess payment
- Record Krishi Kalyan Cess payment.
6. For GST, enter the Payment Account, Payment Date, IGST amount, CGST amount, SGST amount and Memo.
7. For Service Tax, VAT, CST, Swachh Bharat Cess, Krishi Kalyan Cess -enter the Payment Account, Payment Date, Payment Amount and Memo.
8. Click on Save to save your transaction.
For more information about it, you can refer to this article: How to record tax payments and match them with bank transactions.
Drop me a comment below if you have any other questions. I'll be more than happy to help. Wishing you a good one.
