If you track Washington sales tax rates in QuickBooks, you should take a moment to update everything for Q3 2009. It’s simple and takes just a minute or two.
Step 1: Download WAQBQ309.IIF from the Department of Revenue website. Save it somewhere easy to find, like your Desktop.
Step 2: Open QuickBooks and log into your company file as you usually do.
Step 3: Open the File menu and then the following chain of sub-menus: Utilities > Import > IIF Files…
Step 4: QuickBooks will prompt you to open the file you downloaded in Step 1. Select it and click Open.
A progress bar will display as the rates are imported. QuickBooks will do the following:
- If the import file has a rate that isn’t in your QB file, it will be added.
- If the import file has a rate with the same name as one in your QB file, it will be updated.
- Any items in your file with no matches in the import file will remain unchanged.
Some people don’t like adding the hundred-plus sales tax items. There’s no easy way around that, but you can always choose the Make Inactive option on any rates that you don’t plan to use.
Categories: Tax News and Tips
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