Complete Sales Tax QuickBooks Course

Name: Complete Sales Tax QuickBooks Course
Rating: 4.6 (37 reviews)

Manage Any Sales Tax Related Situation In QuickBooks

Created byMark Smolen

Last updated 10/2021

English

What you'll learn

How To Record Every Possible Sales Tax Transaction Or Related Event In To QuickBooks
How To Find And Fix Any Possible Sales Tax Related Mistake
How To Activate Sales Tax In A QuicBooks Desktop File
How To Control Sales Tax In A Transaction
How To Make Specific Customers, Products And Services Non-Taxable
How To Record Paying Sales Tax
How To Record Sales With Federal Excise Tax
How To Adjust Sales Tax Owed For Penalties, Refunds And Credits
How To Record Sales Tax For A "Maximum Sales Tax" Situation
How To Record Multiple Sales Tax In 1 Sale

Course content

1 section • 9 lectures • 1h 15m total length

Introduction and overview of this sales tax course4:04
This QuickBooks video training tutorial is a step-by-step course shows you exactly how to record and manage ANY sales tax related situation using QuickBooks for their business. You will learn how to record, collect and pay sales tax. You will learn how to find and interpret the results of sales tax QuickBooks reports. You will learn how to adjust sales tax and fix sales tax mistakes in your QuickBooks file. You will learn how QuickBooks can manage both the cash and accrual method of paying sales tax. You will learn how to manage maximum sales tax situations and situations where there are multiple sales tax in 1 transaction.
Sales tax is something that effects most business. If you are working with more than one company, then you need to be able to create new sales tax items and manage these special situations. You will learn in QuickBooks how to add, edit and delete sales tax items from the QuickBooks list.
Accountants will sometimes adjust only the general ledger account called "sales tax payable" and they will forget to adjust the balance owed to the specific tax agency. This course will give you the ability to do that.
There are 'follow along files” for each lecture so you can follow step by step. This makes learning QuickBooks Easy and fun.
These QuickBooks sales tax lessons are made with QuickBooks desktop for windows. However, the ideas apply to QuickBooks online as well as QuickBooks for Macintosh and Enterprise solutions.
I'm right here for you if you have any questions or need support. I hope you learn well and enjoy the course!
-Mark
Activating and setting up Sales Tax10:36
This video lecture will show you how to activate and set up sales tax in QuickBooks
Recording sales tax on receipts8:50
In this video you will lean how to add and edit sales tax on a sales receipt
Sales tax codes8:55
You will lean what sales tax codes are and how to use them
invoice defaults / cash vs accrual9:42
You will lean the difference between "cash" method and 'accrual" method of paying sales tax and how to change between them.
Paying Sales Tax7:21
You will learn how to record, find and edit sales tax payments.
Adjusting Sales Tax7:08
You will leanr how to adjust tax owed for unforeseen refunds and mistakes
Maximum Sales Tax9:21
You will learn when there is a maximum amount of sales tax to collect on 1 sales. You will learn how to calculate this on an invoice or receipt
Multiple Sales Tax Rates on 1 Transactions9:30
Sometimes you have to charge multiple tax rates on 1 transaction. This video will teach you how to do that in QuickBooks
QuickBooks Sales Tax Quiz

Requirements

Very Small Amount Of Basic QuickBooks Knowledge

Description

Would you like to be able to manage EVERY POSSIBLE sales tax type of transaction or situation when using QuickBooks Desktop?

This QuickBooks video training tutorial is a step-by-step course shows you exactly how to record and manage ANY sales tax related situation when using QuickBooks Desktop for their business.

You need only the smallest basic experience using QuickBooks Desktop To be able to learn all the sales tax topics you need in QuickBooks Desktop

You will learn:

HOW TO ACTIVATE SALES TAX IN QUICKBOOKS DESKTOP

HOW TO RECORD TAXABLE SALES FOR SALES TAX ON INVOICES AND SALES RECEIPTS

HOW TO RECORD PAYING SALES TAX

HOW TO MAKE CUSTOMERS NON-TAXABLE

HOW TO MAKE ITEMS OF SERVICE OR PRODUCTS NON-TAXABLE

HOW TO MANAGE TAX CODES IN QUICKBOOKS DESKTOP

HOW TO TRACK SALES TAX OWED TO DIFFERENT TAX AGENCIES

HOW TO MANAGE CASH METHOD VS ACCRUAL METHOD OF REPORTING AND PAYING SALES TAX

COLLECTING AND PAYING FEDERAL EXCISE SALES TAX

HOW TO ADJUST SALES TAX PAYABLE FOR REFUNDS, CREDITS AND PENALTIES

HOW TO RECORD A MAXIMUM SALES TAX

HOW TO RECORD MULTIPLE SALES TAX IN 1 SALE

These easy, step-by-step instructions allow you to follow along to make leaning each topic easy and fun. You can even download the “follow-along-files” if you want to follow along in your own computer to enhance the learning.

These QuickBooks sales tax lessons are made with QuickBooks desktop for windows. However, the ideas apply to QuickBooks Online as well as QuickBooks for Macintosh and Enterprise solutions.

You Can Also take the QuickBooks Online Sales Tax course that shows these very same topics in QuickBooks Online

I'm right here for you if you have any questions or need support. I hope you learn well and enjoy the course!

-Mark

Who this course is for:

Anyone Who Needs To Pay And Collect Sales Tax When Using QuickBooks Desktop
Anyone Who Needs To Be Able To Manage Challanging Sales Tax Situations
Anyone Who Needs To Be Able To: Support, Find And Fix Sales Tax Related Mistakes Using QuickBooks Desktop
Anyone Who Wants To be An Expert In The Sales Tax Module Of QuickBooks Desktop