Skip to content
QBO Video Courses

QBO's Automated Sales Tax


Course
Alicia Pollock

Learn how to use the new Intuit QuickBooks Online Automated Sales Tax calculator. Assess sales tax liability by customer type and product sales. eFile state and local taxes.

Class Description

State Sales Tax, am I right??? Calculating and reporting it correctly can be particularly tricky.

We should all be thankful that QuickBooks Online has a new Sales Tax calculator that takes the pain out of manually calculated local sales tax. Many states, counties, and cities have their own tax rates; however, QBO can now assess the rate for you, calculate your tax liability, and (in some states) allow you to pay right inside QBO.

In this class, we’ll look at how to properly set up the Sales Tax Center, assign tax rates to Products and Services, set Customer defaults, get Sales Tax Liability Reports, and remit taxes to the State.

Take advantage of this easy, accurate, and automated feature! Sign up now and learn how to set it all up and get started.

Instructional Level

Intermediate

Course Length

1 hour

Course Credits

1 CPE, Certificate of Completion

Prerequisites 

 

Who should take this class?

  • Business owners who collect Sales Tax
  • Bookkeepers and Accountants who need to know all the options to best advise their clients

What You’ll Learn 

  • Setting up the Sales Tax Center
  • How different States assess taxability (location-based vs. destination based vs. Use Tax)
  • When the Automated Sales Tax center is the right option, and when QBO’s “Manual” method is more appropriate
  • Applying the correct categories to Products and Services
  • Assigning default tax rates to Customers
  • Changing tax collected on the fly
  • Remitting Sales Taxes collected to the State
  • Making Adjustments to the amount paid

Watch it again later

A recording of the webinar will be added to this course in two weeks so you can review it at your convenience.

Here is the course outline:

1. Download the Handout

Download the handout that goes with the course.

pageText Download Class Handout Here

2. Watch the Videos: Getting Started with QBO's Automated Sale Tax Class

This is the recording of the class you attended. Watch and rewatch it until it all makes sense!

pageText Getting Started

3. What is Automated Sales Tax?

pageText How Sales Tax Works
pageText How Sales Tax is Calculated

4. Setting Up Sales Tax

pageText Adding State and Local Taxes
pageText Set Default Taxes for Products and Services
pageText Set Default Taxes for Customers

5. Collecting Sales Tax

pageText Using Sales Forms
pageText View and Override the Math

6. Paying Sales Tax

pageText Navigating the Sales Tax Center
pageText Making Sales Tax Payments
pageText Sales Tax Reports

7. Fixing Tax Collection Errors

pageText If You Forgot to Collect Sales Tax for a Customer
pageText Writing Off Uncollected Tax
pageText 3rd Party Options

8. Conclusion

pageText Conclusion

9. Quiz

Take this quiz to demonstrate your mastery of the material. Pass the quiz with an 80% or higher to complete the Course, earn your Certificate, and win points!

pieChart Complete this survey for CPE Credit

Completion

The following certificates are awarded when the course is completed:

Royalwise Credit Certificate
Back to top