Question: Question 9 I want to create a tax code specifically for Meals and Entertainment expenses. Where should I go ? Gear Icon > Manage sales

Question 9
I want to create a tax code specifically for Meals and Entertainment expenses.
Where should I go?
Gear Icon > Manage sales tax > Add custom rate
Sales tax > Manage sales tax > Add custom rate
Transactions > Chart of accounts > Select the GL account for taxes > select Meals and Entertainment
It is not possible to edit a tax code
Question 9 I want to create a tax code

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Question 1 0 I want to create a tax code specifically for Meals and Entertainment expenses. Where should I go ? Gear Icon > Manage sales tax > Add custom rate Sales tax > Manage sales tax > Add...

Q:

Argonaut has to account for the acquisition of 100% of the shares of Moe's Lawn Care Limited (MLC) in Argonaut's June 30, 20X9, financial statements, even though MLC's numbers might be subject to...

Q:

Prepare the couples federal income tax return, Form 1040 for the year ended December 31, 2021 , plus any additional schedules necessary. Forms are available at the IRS website Links to an external...

Q:

I need this 3 tax assignement done its about 1040 and Schedule d Form 1040 2016 (99) Department of the TreasuryInternal Revenue Service U.S. Individual Income Tax Return OMB No. 1545-0074 , 2016,...

Q:

Multiple choice questions in file.{ tf1\ansi\ansicpg1252\cocoartf949\cocoasubrtf540{\fonttbl\f0\froman\fcharset0 Times-Roman;}{\colortbl; ed255\green255\blue255; ed61\green61\blue61;...

Q:

Can anyone figure out these questions? I cannot seem to find reputable people to answer. . Copy estimates to invoices . Allow Invoices to be created from estimates . There is nothing special that...

Q:

I was hoping to get help with a tax return about a hypothetical company. There is a file for help and another file with a couple of forms. Concerning page 2 in the forms, only schedule M-1 needs to...

Q:

I was hoping to get help in preparing a tax return. Attached are the relevant documents. It will be due in several days. Feel free to ask any questions and I thank you for your time. 1120 U.S....

Q:

Question 1 of 15 Donna has categorized all payments for building power and water as Rent. These payments should have been categorized as Utilities. In QuickBooks Online Accountant, which tool will be...

Q:

ATTENTION TUTORS PLEASE HELP ME IN ANSWERING THIS ATTACHMENT WORKSHEET I NEED IT FOR CLASS IN ACCOUNTING THANK YOU HAVE THE ANSWERS IN YELLOW PLEASE SEE ATTACHMENT Question 1 of 15 1. A small...

Q:

Read the article Barbie Wants to Get to Know Your Child and answer the question: What are the advantages of product enhancement?

Q:

10. A sample of 900 items is found to have a mean of 3.47 cm. Can it be reasonably regarded as a simple sample from a population with mean 3.23 cm and S.D. 2.31 cm?

Q:

1. The client with a history of stable angina describes a recent increase in the number of attacks and the intensity of the pain. The nurse correlates this with which condition? a. Stable angina b....

Q:

A particle is moving in three dimensions and its position vector is given by; r(t) = (4, 4t + 2, 3t)i + (4, 5t - 2, 3)2 + (3, 3t + 3, 1t)k where r is in meters and t is in seconds. Determine the...