Custom GST rate should impact both CGST and SGST ledgers

shravan1 · ‎March 23, 2022

I added custom GST tax rate of 0.1% (CGST 0.05% and SGST 0.05%) in quickbooks online but when i create an invoice and select the tax rate, only CGST @ 0.1% is reflecting and no SGST. Is there any way to create a tax rate where both CGST and SGST are calculated and reflected in the invoice?

CharleneMaeF · ‎March 23, 2022

know it can be challenging when your taxes don't reflect on the transactions, shravan1. I'm here to help you with that.

Yes, there is a way to create a tax rate where both CGST and SGST are calculated and reflected in the invoice. To do this, let's use the Group rate option. I'll show you how:

Go to the Taxes menu.
Click on Add tax and select Group rate.
Enter a Group Name, Description, and select the Tax rate you want to add.
On the Applicable on drop-down menu, select the correct amount.
After that, click on Save.

Once done, you can now create invoices.

You can also check out these articles to learn more about the GST tax invoicing rules in QuickBooks Online:

Additionally, I've included an article that'll help you get answers to the frequently asked questions about the GST invoices in QuickBooks Online. This ensures your tax tracking is always accurate: How GST impacts QuickBooks users.

Please let me know if you have other concerns in managing your sales transactions or taxes. I'm just around to help. Take care always.