Because many businesses don’t charge sales tax, the default rate on invoices within Monchilla is 0%.
To add sales tax to an invoice:
- Open the invoice on the Income tab. Then, click the Tax and Payments tab within the invoice.
- To change the sales tax rate to 7.5%, type in "7.5" in both the amount you will charge the customer (Sales Tax Payment From Customer) and the amount you will owe the state (Sales Tax Invoice) and click both Apply buttons.
You've successfully updated the sales tax charged on an invoice. The invoice and the bill to pay the state are both updated with this new amount.