Tool Bar Icon:
Or Under Main Menu > Edit Menu, click:
To add tax to the current estimate:
In the Enter Tax Rates dialog box:
Type the tax rate for each cost category and press Tab (not Enter).
Click the icon with an
iin the shaded circle for more information.
Click Save.
Tips:
Taxes on material, labor, equipment and on Total Only figures are based on costs before adding overhead, contingency and profit.
Tax on the contract price is based on the estimate total including markup.
If you want to charge overhead and profit on tax, leave tax rates at zero. Instead, use percent adjustments to increase cost columns by the tax rate.
If you export estimates to QuickBooks Online and want QBO to accumulate the tax due, you may prefer to omit tax in the estimate.
When converting an estimate to a bid or invoice, you have the option to distribute tax proportionately throughout the estimate, thus eliminating any reference to tax in the bid or invoice. See Create Bid or Create Invoice.