Tracking Sales Tax – On The Entire Invoice & On A Fixed Amount of the Invoice

Print Friendly, PDF & Email

 

Some state tax agencies require that in addition to needing to charge a fixed percentage (6%) of Sales Tax to each customer, that you also are required to charge a 1 1/2% Discretionary Tax on the first $5000.00 of each job.

For the most part, QuickBooks does a good job of tracking taxable and non-taxable sales — even taxable and non-taxable items on the same invoice.  However, when it comes to tracking sales tax with a fixed rate on a fixed dollar amount of an entire sale —- in addition to sales tax on the entire sale — well it fails miserably and causes a lot of frustration for QuickBooks Users who encounter a situation of this nature.

Learn how to accomplish this using QuickBooks.

Request your copy of this article today, by clicking the button below.

Note:  While this is a free article, we do request that you enter your email address so that we can notify you if this article is updated.

 

One thought on “Tracking Sales Tax – On The Entire Invoice & On A Fixed Amount of the Invoice

Leave a Reply

Your email address will not be published.