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Since I started my business, and I'm using quickbooks pro 2009 by the way, the sales tax liability has changed several times. I now collect sales tax at the 7.775%rate. The problem is that on some clients, when creating an invoice, an old sales tax rate comes up and is added to the invoice, not the current tax rate!!! Unless I catch and change it, it gets mailed to the client with the incorrect amount due. My bookkeeper says there is nothing I can do to correct this. Is that true. She says it will always default to the original tax rate. That sounds nuts. Do you know how I could delete all old tax rates? please help, thank you very much in advance for your time

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  • 3 more comments 
  • steffensco Jul 21, 2010

    The last reply was stating directions for quickbooks POS, I do not use that, i just use a standard desktop computer loaded with quickbooks pro 2007, please re-read my original problem... thank you much

  • steffensco Jul 21, 2010

    is there a setting i can change so this will be a global change, meaning all future invoices will reflect my new tax rate ? please help.. thanks

  • steffensco Jul 21, 2010

    thank you very much for your help... is there any way to change the default rate, or is this set when you very first setup quickbooks? can i change it if i upgrade to quickbooks 2010... thanks again

  • steffensco Jul 21, 2010

    Ok, please someone reread by original very first post regarding my issue... is there a way to change the tax rate to refect my new tax rate for all future invoices... thank you

  • steffensco Jul 26, 2010

    thank you very much

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Hello,
First of all we are sorry for the delay in contacting you.
It is important that you need to change the rate of tax in order to let quickbooks pro calculate taxes as per the new rates. Here is how to do this:

  1. All you need to do is go to the item list.
  2. Find the current Sales Tax item
  3. Double-click on it.
  4. Change the Rate.
That's all. You are done.
One thing more, this will not effect past entries of Sales Receipts or Invoices. Also, the date matters. All the receipts that are printed after the change will have the new rates. So, change the rates only on a fresh day.

Tell me what happens. Please feel free to contact or chat with us.
We are available at your service.
Have a nice day,

Regards.

Posted on Jul 22, 2010

  • Abhinav Rai
    Abhinav Rai Jul 26, 2010

    Hello,

    I am glad to know that you are through.

    For any problems, please do not hesitate to contact us. We are always their to your help.

    Have a nice day.

    Regards.


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