Easily Remove Calculations to the Sales Receipt

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How to Remove Calculations to the Sales Receipt

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[Music] welcome to math with mr j [Music] in this video im going to cover how to calculate sales tax and then the final price with that tax included lets jump into our examples and see exactly how we do this starting with number one where we have a price of 75 dollars and then a sales tax rate of 8 percent now i do want to mention that sales tax rates vary by country and state and then there can be local taxes that are included as well this video does not cover a specific location sales tax these are general numbers being used to show how to calculate sales tax so the first thing that we want to do is to calculate how much sales tax we will be paying we do this by multiplying the price by the tax rate the tax rate is going to be in the form of a percent we want to get this percent to decimal form percent means per 100 so we divide the percent by 100 to convert it to a decimal we can do this by simply moving the decimal twice to the left so percent to decimal move the decimal twice to

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Can you edit a sales receipt in QuickBooks?

In the Money in section, select Sales receipts or Invoice payments. Select the sales receipt or invoice payment that you want to edit. Select Edit ✎. Make changes, then select Save.

How do I change my tax payment in QuickBooks desktop?

Change your tax payment frequency Go to Settings ⚙ then select Payroll Settings. Select Edit ✎ next to federal or the state you need to update. From How often do you pay your taxes? Select Edit. Select your new schedule and effective date. Select Save.

How do I clean up sales tax payable in QuickBooks desktop?

From the Lists menu, choose Chart of Accounts. Double-click select Sales Tax Payable account to open its register. Find the sales tax payment that was just entered, select the payment. From the Edit menu, select Delete Sales Tax Payment, then choose OK.

How do I delete sales tax in QuickBooks desktop?

Go to Taxes, then select Sales tax (Take me there). In the Sales Tax Center, go to the Related Tasks section and select Add/edit tax rates and agencies. Select a tax rate name, then select Deactivate.

How do I delete a payable in QuickBooks online?

Select Invoice Payments. Select the payment you want to delete. Select More Options, then select Delete.

How do I customize a sales receipt in QuickBooks?

2:02 9:02 How to Customize Sales Receipts in QuickBooks Online - YouTube YouTube Start of suggested clip End of suggested clip And the way to customize the sales form in QuickBooks Online is actually pretty easy over here inMoreAnd the way to customize the sales form in QuickBooks Online is actually pretty easy over here in the gear icon of course if you logged into your own company it wont say sample company it will have

How do I get VAT refund from QuickBooks desktop?

How to record a VAT refund. Go to Taxes and select VAT (Take me there). Select the All returns ▼ dropdown menu, then choose the specific VAT period you need. Select the View summary ▼ dropdown menu, then select Record Refund.

How do I write off a transaction in QuickBooks desktop?

In the Product/Service section, select Bad debts. In the Amount column, enter the amount you want to write off. In the Message displayed on statement box, enter Bad Debt. Select Save and Close.

How to write off remaining amounts owed in QuickBooks Desktop?

From the Vendors menu, select Pay Bills. Choose the bill that has the balance that you need to write off. Select Set Discount. Select the Discount tab. Enter the amount in the Amount of Discount field. Select Pay Selected Bills to close the Pay Bills window. Select Done in the Payment Summary window.

How do I remove sales tax from QuickBooks estimate?

Go to Taxes, then select Sales tax (Take me there). In the Sales Tax Center, go to the Related Tasks section and select Add/edit tax rates and agencies. Select a tax rate name, then select Deactivate.

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