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Sales Tax

Rates, collection, and the liability report.

Setting up sales tax

The shop tax rate that's charged, the rates and groups that label it for filing, and the liability account it posts to.

How sales tax is charged

Which lines are taxable, how the total is computed, and where the tax goes when the invoice posts.

Sales Tax Liability report

Taxable sales and tax collected by jurisdiction for a period, ready for the return, and how to reconcile it to the payable account.

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