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.
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