How to use the Tax Centre on QuickBooks Online

Authored by: Support.com Tech Pro Team

1. Introduction

How to use the Tax Centre on QuickBooks Online

2. Tax Centre

If the Customer needs to make changes to the setup information, there is an Edit settings button available on the next screen.

Here they can change the Tax agency name, the start of the tax period, and filing frequency.

Please note that once a rate has been created, the customer cannot delete the rate. If they need to change that rate, deactivate the rate and then create a new one.

If they need to change a tax rate, it's recommended that they create a new one instead of updating an existing one because the current rate may have been used on prior transactions, and changing the rate could affect their sales tax tracking.

Please note that they can't have two rates with the same name. To solve this, rename the deactivated rate something else. Then, make a new tax rate with the correct name.

 Once the settings are saved, the Tax screen will display the Tax due, the amount collected and paid for the current period, and the Prepare Return button.

Add Group Rate

 Group tax, once created, cannot be edited or deleted

1. In the Tax Centre, select Add Tax.
2. Select "Group Rate" and then select Next.
3. Enter the Tax Code and Description.
4. Select the Tax Rate and where it applies to Net, Tax, or both.
5. Select Done.