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April 26, 2022

Hi there!

 

I've got your back on calculating two taxes on one entry in QuickBooks Online (QBO).

 

You can create a group rate to combine multiple taxes and apply them to your transaction. All taxes you include are calculated and charged at once, but we track them separately for you. Here's how:

 

  1. Sign in to your QBO account.
  2. Click Taxes from the left menu, then select VAT.
  3. In the Taxes center, click Add tax and choose Group rate.
  4. Enter the Group name and its description.
  5. Select the tax rate you want to add.
  6. Click Save once done.

You might also want to create a custom tax agency. This allows you to add a tax percentage, such as an environmental levy, hotel, or petrol tax.

 

Should you need any assistance setting up group taxes, I'm available here to help at any time. Have a good one!