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Susan20212
December 7, 2023
Question

correct tax code to use

  • December 7, 2023
  • 1 reply
  • 0 views

When entering credit card charges in Canada QB's desktop.  What is the correct tax code to use on the portion of groceries that are not taxed.  Would you use Tax Exempt 

1 reply

A
Amanda-B
December 7, 2023

Good evening, Susan20212.

 

Thanks for turning to the QuickBooks Community for support. I'd be happy to help you out!

 

QuickBooks allows you to chose which tax codes you need based on your company's location. This article will provide a list of common sales tax codes to chose from.

 

When it comes to deciding which sale tax code to use, its best to reach out to an accounting professional for expert advice. They'll be able to help you with making the right decision in order to keep your books balanced. Having an accountant can be beneficial for you and your company. If you do not have an accountant, you can find an accountant who has experience with QuickBooks near you by clicking on this link. 

 

If you have any other questions, feel free to reach back out.

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