Question

As part of understanding your client’s needs, you should find out what their sales tax requirements are for their business and locality.

What information is needed to set sales tax up for a client in QuickBooks Online who only does business in their home state? Select the 4 options you think apply.(Select all that apply)

-Their company address?

-Do they have any criminal convictions?

-Do they travel to other countries?

-When did their current tax period start?

-How often they have to file a tax return?

-When they started collecting sales tax for the agency?

Answer 1

Following information are needed to set sales tax up for a client in QuickBooks Online who only does business in their home state

Their company address- the physical address of the company

When did their current tax period start?

How often they have to file a tax return?

When they started collecting sales tax for the agency?

In addition,

The physical address from where the sales invoice was drawn

Nature of products or services sold by the company

Exemption status, if any available to the client for whom the QuickBooks are set up.