Manage Customers and Income
Hello there, Kiarie.
Let's make sure you've set up the tax tracking feature in QuickBooks Online (QBO). This way, the program will automatically add the GST/VAT Rate column and the GST/VAT Amount field under Subtotal in your invoices.
- Go to the Taxes menu.
- Select the Set up tax button.
- Set up the tax agency details such as the Agency name, Start of tax period, Filing frequency, Reporting method, and the Business ID No.
- Click Next.
- Follow the steps to finish the setup and select the Got it button.
I've attached screenshots below for your reference.
Using the QuickBooks Online Singapore version, the system will automatically create default tax rates for you. How ever, you have the option to create additional tax rates if necessary.
If you wish to make items on your invoices taxable, kindly refer to this article for the detailed information: Applying Sales Tax to Transactions and Sales Forms. It also provides an example of how sales tax works on discounts.
Furthermore, you can file and pay the Tax/GST you owe using QuickBooks. You can check out this article for the details: File and pay Tax/GST. It contains step-by-step instructions to successfully file and pay your taxes through the program.
Please let me know if you have other concerns. I'm just around to help.
