How to Track and Record Sales Tax Payable in QuickBooks Online

QuickBooks Online does a great job of automatically calculating sales tax for you. But how do make sure that sales tax gets applied to an invoice and where can find out how much sales tax you owe? In this video, we'll go over all that and more including: - How to apply sales tax to an invoice - How you can see how QBO calculates the sales tax - Where you go to find out how much sales tax you owe - Sales Tax Liability Report Read the blog version with step-by-step instructions and screenshots at: www.gentlefrog.com/sales-tax-in-quickbooks-online/ Please like, subscribe, and comment! Contact Rachel for one-on-one assistance: www.gentlefrog.com/meeting/ ☕ If you found this video helpful you can say "thanks" by buying me a coffee... www.buymeacoffee.com/gentlefrog Connect with Rachel on Facebook: www.facebook.com/gentlefrogllc/ Try QuickBooks Online for free for 30 days: bit.ly/3gXpv3b Already know you want QuickBooks Online? Buy now and save 30% on your first 12 months: intuit.me/3gZ0q85 Check our reviews: proadvisor.intuit.com/app/accountant/search?search… www.yelp.com/biz/gentle-frog-custom-quickbooks-tra… www.gentlefrog.com/reviews/ Timestamps 00:00 - Intro 00:18 - Applying sales to an invoice 02:18 - See the math 02:56 - Find out how much sales tax you owe 04:10 - Outro #quickbooksonline #bookkeeping #qbo #salestax This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Gentle Frog, LLC does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Gentle Frog, LLC does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.

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