Singapore is about to change GST rates from 7% to 8%, and then 9%. https://www.iras.gov.sg/taxes/goods-services-tax-(gst)/gst-rate-change/gst-rate-change-for-consumers...
Some questions:
1) How do I set up these rates in QBO? Is this something QBO will set up automatically? Or do I need to manually set up custom tax rate?
2) I have hundreds of recurring invoices set on 7% GST. As the rate changes to 8%, is there a way I can automatically change all of these to 8% in the system?
