In this article:
Tax Components vs Tax Location
System | Tax Component | Tax Location |
SingleOps | A Tax Component is an individual tax rate. They are selected to be included within a Tax Location. | A Tax Location is what is used on the job to populate taxes. A tax location is made up of 1+ Tax Component/Rate. |
Quickbooks Online | Tax Rate | Single Rate or Combined with most accounts using a single rate |
Quickbooks Desktop | Tax Item | Sales Tax Group |
Sales Tax Configuration with QuickBooks
Sales tax configuration in SingleOps consist of two parts: Tax Components & Tax Locations. Tax components gives you the option to build a combined tax group.
Set up sales tax in QuickBooks Desktop ( Example below )
Set up your sales tax in QuickBooks Online (Example below)
Once a SingleOps account has been synced with Quickbooks, the only way to add Tax Components & Tax Locations is to first create them in Quickbooks & sync them to SingleOps.
Sales Tax Configuration without QuickBooks
Navigate to: Setup > More > Sales Tax Configuration
Under New Tax Components, click the New Tax Rate button to add a new rate.
Name your rate.
💡Best practice: Name your rate after the city or county associated with that rate
Input the Rate amount in decimal format (e.g. 7.5% sales tax= 0.075)
Once finished, click Create Tax Rate
Your new Tax Rate will show under the Tax Component section
When finished adding all Tax Components, click New Tax Location Button
(A Tax Location is what is used on the job to populate taxes. These next set of steps are important.)
Name this location (city or county)
Tax Rates: Click the drop down menu and select the tax components that you would like associated with this location. A Tax Location can have one or multiple Tax Components
Click Create Tax Location when finished.
Click the Tax Location name to view and edit Tax Components associated to this location
💡 If you have a spreadsheet already created with a list of the tax rates and locations that your company uses, you can send it to your Implementation Specialist and they can import it for you. |
Sales Tax Configuration Without QuickBooks Video
*Note: Some of the content in this video may reflect a previous version of SingleOps. For a more accurate guide, please refer to the steps listed above.