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April 20, 2021
Question

Can the default rate on invoice capture be set to VAT inclusive instead of VAT exclusive?

  • April 20, 2021
  • 1 reply
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1 reply

April 20, 2021

Thank you for reaching out to us, @ian@tladilodge.c.

 

I'll be glad to help you with your default rate.

 

Yes, you can definitely change the default tax rate selection in QuickBooks Online.

 

Here's how:

  1. Choose the Gear icon in the upper right corner.
  2. Select Account and Settings.
  3. Choose the Advanced option.
  4. In the Accounting area, choose Inclusive of Tax in the Default tax rate selection field.
  5. Select Save and Done.

 

You can also check on this article: The Value-Added Tax (VAT) registered for more information about adding VAT rates in the system.

 

We're always here in the Community to help if you have other questions related to QuickBooks. Stay safe!