Tax
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I am using multiple currencies.
Is it mandatory to buy a separate license for each GST number. Since Quickbooks does not provide for any option to consolidate data from multiple licenses, how is it feasible to maintain consolidated accounts
With the upcoming Vat Change on 1st September How do I Change the Vat on all recurring Monthly invoices (500 aprox) on mass? In Taxes It only allows you to add a new Vat Rate not edit the existing so the Vat Rate on all recurring Invoices will have to be amended to the new rate, unless I can amend the existing 23% rate.
Hello, Can you please help me get VAT on each line of inventory, there is a law in UAE FTA every line should have the vat amount for the specific item. For now my invoice is showing total VAT below I need to be able to sort it line wise and then total at the bottom. Please let me know how to work it out.
Good day to you, hatim1, Let's set up UAE and KSA VAT in QuickBooks Online (QBO). You'll want to use the QBO International version when setting up UAE and KSA taxes. Find your country through this link: https://quickbooks.intuit.com/choose-country/ and subscribe from there. Once settled, you can then turn on the VAT tracking. Let me show you how:Select Tax on the left menu and select Set up tax.Set up the tax agency details such as the name of your tax agency, any official tax number that has been assigned to your company, your reporting method, how often you file your tax to your tax agency, and whether this tax is meant for sales or purchases, then select Next.Follow the steps to finish the setup and select Done.To ensure that taxes are taken out when you create a transaction, make sure to select Inclusive of Tax or Exclusive of Tax. Check out these articles to keep you updated and for additional inf
