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November 6, 2019
Question

Setting up carbon tax

  • November 6, 2019
  • 1 reply
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1 reply

AddieC
November 6, 2019

Hi there, 

 

QuickBooks Online is here to meet all of your business needs. When new taxes are introduced, it's important that you're able to add them to your QuickBooks account. I'd be happy to help explain how to set up Carbon Tax. 

 

You can add custom tax rates in QuickBooks Online, as well as Group rates, and Provincial taxes. Take a look at this helpful Community article to see how to set up a new sales tax code in QuickBooks Online: How to set up a new sales tax code

 

Since the Carbon Tax is relatively new, I'd encourage you to reach out to your accountant for additional advice as to which method listed in the article will be the best way for you to track this tax. If you're not already connected to an accounting professional, you can find one in your area here: Find a ProAdvisor.

 

I hope this helps to steer you in the right direction. 

If there's anything else I can do to help, just let me know. 

 

Have a great day!