Question (Quickbooks online) You have been informed that your state's tax rate is increasing on...
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Question (Quickbooks online)
You have been informed that your state's tax rate is increasing on July 1. What will happen in QuickBooks Online regarding rate change for those of your clients who use hybrid sales tax? (Select 2)
a. If the tax is set up as a tax agency only, it will update automatically
b. If the tax is set up as a custom rate, it will have to be manually changed
c. If they are using QuickBooks Online Advanced, it will update automatically
d. If tax is set up to be paid on a cash basis, it will have to be manually changed
e. If there are more than 40 product/service items, it will have to be manually changed
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