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October 25, 2021
Question

Seeing how others document expenses that are input taxedz We are charity

  • October 25, 2021
  • 1 reply
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1 reply

October 25, 2021

Hi Md77,

 

If the transaction needs to be reported on your BAS, you can set the tax rate to 10% and if not select Out of scope to exclude it on your BAS. It would be best to consult an accountant to ensure that the transactions are recorded correctly in QuickBooks Online. 

 

Feel free to drop a comment below if you have any other questions.