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?