Skip to main content
August 25, 2021
Question

Good day, with the new law i can only charge 9% on customers staying for 28days. How do i create a 9% vat to charge on a invoice?

  • August 25, 2021
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

MariaSoledadG
August 25, 2021

Let's make sure to set up VAT correctly so it will calculate automatically on your invoice, naauwpoortlodge.

 

QuickBooks calculates the total tax rate for each sale made. You'll just have to tell QuickBooks where you collect VAT. Then, add the categories to your product and services so you can track them accurately. To set up tax, follow the steps below:

  1. Click Taxes on the left pane.
  2. Select Set up tax.
  3. Set up the necessary details, then select Next.
  4. Follow the steps to finish and select Done.

 

Please refer to this article on how to set it up: Set Up And Use VAT in QuickBooks Online. Also, to focus more on sales and spending, I've added this article for your reference: Run Reports In QuickBooks Online

 

You can always get back to us if you have other concerns about taxes. I'll always be here to assist you further.