Tax
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We had a GST refund that the government applied towards our Corporate taxes. How do I reconcile this in Quickbooks Online?
Both these VAT rates mention that VAT will not be calculated. Could you please provide specific examples where to use one VS the other one?
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Hello, my business DOES NOT collect any taxes from customers.I cant make an invoice because this error:Make sure all your transactions have a sales tax rate before you save.
It has recently come to my attention that our 940 and 941 forms have been being viewed and payments were submitted, but the forms were not actually being filed or archived. How do I go about generating these forms dating as far back as 2018? Because they were never actually filed I don't have any access to any archived records of these forms and I can only access back to the beginning of 2021. Any help to resolve this would be greatly appreciated.
Our company sells products and services in numerous states and we collect/pay sales tax to several different state tax agencies. We have been using QB Online for 5 years without any problems collecting the correct tax for every state/municipality. As of January 1, 2022, something has changed in the QB invoicing and it now records every sale as if it happened at our corporate office. I have contacted QB support 11 times to get this resolved and have been told that it can't be changed and nothing has changed with their system. This is clearly not correct as we have been accurately collecting sales tax for 5 years and NOW it doesn't work. Out of the 11 times I have spoken to support, 10 times I was told it couldn't be changed and ultimately disconnected/hung up on. One time I was escalated to second level support, she told me I needed to be escalated again and then disconnected/hung up on me. I know the tax can be manually changed, however, we generate
My VAT period in QB is out of sync with the official Tax period. Im now in second VAT quarter. Unable to amend QB. Considering backing up accounts and restoring to a new account file, setup correctly with the correct period?
A client of mine created QuickBooks online by himself and initial set up. I want to add purchase taxes, but there is no option for me to add those. It only allows me to add sales taxes. I need urgently to fix this. What do I need to do?
In quickbooks, 194 J TDS rate is calculating with wrong percentage. This issue is there for last 1.5 years. I am surprised why quickbooks has not yet fixed it.As per amended law, 194J has 2 rates, 10% for professional services, 2% for technical services. There is no option in quickbooks to modify the rate or create new tds rate. Please don’t subscribe to QB, if contractors payment is key part of your operations till issue is fixed.
Uso quickbooks online - Panamá y el chat tampoco funciona ni tengo un teléfono o líneas de contacto para comunicarme con ustedes.
je suis nouvellement commencer à facturer. je veux supprimer tous et commencer de nouveaux. mais à condition que la première facture commence par 1001.
Dear all, This is Ali from Pakistan. My question is relating to payment to supplier. Here in Pakistan while making payment to supplier we need to deduct tax at source and pay to tax authorities on behalf of supplier. I am unable to see any such feature in QBO which allows me to do so. There are several workarounds suggested by the community in which the most popular one is create a liability account in chart of accounts and use it for deduction while posting the bill but this raises a new problem it reduces the total supplier due amount by the amount for which we are suppose to pay withholding tax. technically supplier liability should be settled by the full amount . below i will try to explain with the help of an example 1. Purchased goods from supplier. Accounting entry:Inventory Dr PKR 100,000Supplier Cr PKR 100,000 2. Payment to supplier (tax to be withheld @ 4%)Supplier Dr PKR 100,000Tax liab Cr PKR 4,000Bank Cr 96,000 by o
I need to show in the invoice line the total amount of VAT (per line). I can see in the sample invoice template, there is a field for that (Amount Incl) but when i'm applying to my custom field, QB doesn't recognize it. Here is the screen shot of the my Word document:
Can I log in from Australia
Dear Team, I have a quick book account but In the quick book banking option when receiving the Credit card payment mapping entry that time how to map the foreign payments to a credit card.Regards,Vikas
