Tag: Sales Tax
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How do I handle sales tax and record it in my books?
Handling sales tax and recording it in your books is an important aspect of financial management, especially for businesses that are required to collect and remit sales tax to tax authorities. Here are the steps to handle sales tax and record it in your books: Determine Sales Tax Obligations: First, determine whether your business is […]
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5 Things You Need to Know About Sales Tax in QuickBooks Online
The most important thing you need to know about sales tax is that administering it correctly can be challenging. If you sold only one type of product to customers in one city, collecting and paying sales tax would be easy. But most businesses have a wider reach than that. QuickBooks Online offers tools that allow […]
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Sales Tax for Small Business
As your business grows in the e-commerce market, know that QuickBooks Sales Tax is here to help you remain tax compliant. When you are responsible for filing, remember the 4-STEPS to help make sales tax filing a success: know where, when, how to file, and pay and do not pay more than you have to […]