Converting Sales Taxes from QuickBooks
In Sage 50 sales taxes are set up as sales tax IDs. Each sales tax ID is made up of at least one sales tax agency. QuickBooks uses tax groups and tax items.
Tax items:Each QuickBooks tax item (whether exempt or not) is converted to a tax agency, a component of Sage 50's sales tax IDs. Each tax item is also converted as its own Sage 50 sales tax ID.
Tax groups: Each QuickBooks tax group is converted as a Sage 50 sales tax ID, containing respective tax item components (now Sage 50 sales tax agencies).
After converting the company data, you can examine and update your sales taxes in Sage 50 at any time.
- To display and modify sales tax ID information, select Sales Taxes from the Maintain menu. Then, select View all sales taxes and associated agencies. Then, click Next. Sage 50 displays the View Sales Taxes window.
For detailed information on what and how sales tax fields are converted, see the following topic: