Q: Gita, What do I need to do to set up Sales tax on products and services I sell?

A: Click on the preference settings for Sales Tax. Click Edit and select Preferences.

• Under the Sales tax tab, you can select whether or not you charge sales tax.
• Set up Sales Tax Item
• Whom do you pay Sales tax?
• What is the rate of tax?
• Assign Sales Tax Code
• When do you owe sales tax?
• When do you pay sales tax?