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February 13, 2020
Question

Entering a bill. If I add a total amount,can QB figure out the tax.. like the desktop version?

  • February 13, 2020
  • 1 reply
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1 reply

AddieC
February 13, 2020

Hi there, 

 

Calculating taxes is a fundamental part of using an accounting software to run your small business. I know how important it is to make sure all your taxes are recorded correctly. I'll explain how to add the tax to your bill.

 

First, it's important that you've set up sales tax in your account. To do so, click the Taxes tab on the left navigation menu, then click Set up taxes. Here's more information about how to add new tax codes: How to set up a new sales tax code

 

Once you've set up your sales tax, your bill creation screen will have a column for you to select the proper tax code. You can either enter the total price of the bill including tax, or add the total before taxes. Either way, QuickBooks will calculate the taxes for you. Depending on which one you choose, select it from the drop-down menu that says Inclusive of Tax, or Exclusive of Tax.

 

Simple as that! Here's more information on how to enter and pay bills: Enter and pay bills.

 

If you have any other questions, please don't hesitate to reach out to our tech support team

 

Cheers.