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canaforce
Apr 17, 2019 3:24 PM UTC
Question

How to record federal tax on quickbook

federal carbon tax started on April, the tax rate is 17%, however, it doesn't exist on quickbook.

1 reply

Rustler
Rustler
Apr 20, 2019 1:35 PM UTC

You will have to manage this manually, a liability account for tax due, and a service item named the same that links to it, put 0.17 in the rate block

 

on the invoice use that item and put the **amount** to be taxed in the qty block

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