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in this video Ill cover sales tax updates if youve recently found out the sales tax that youve been collecting is incorrect go to settings and under company setup go to tax rates from here choose the tax rate that you would like to update and lets say for instance the tax on your services are no longer necessary or they were never necessary and you were collecting sales tax but did not need to update the sales tax amount so this will Auto calculate based on these numbers then click update associated documents and then as of what date so lets pretend that the sales tax update changed June 1st so up through the first half of the year the first five months I collected sales tax and then the law changed and for the last half of the year or the last seven months or so its tax free so you can also then choose to include completed documents so this will update everything in the past and then moving forward and when I click update tax rate the system will look for accounts with this tax
