Skip to content

Annmarie Berg

← Feedback Forum

My feedback

1 result found

  1. TAX management in Books

    4 votes
    Vote

    We're glad you're here

    Please sign in to leave feedback
    Signed in as (Sign out)
    Close
    Close
    You have left! (?) (thinking…)
    2 comments  ·  Zoho Books » Accountant  ·  Admin →
    How important is this to you?

    We're glad you're here

    Please sign in to leave feedback
    Signed in as (Sign out)
    Close
    Close
    An error occurred while saving the comment
    Annmarie Berg commented  · 

    Having separate tax accounts for different jurisdictions makes tracking and reporting much easier. However, there is one potential downside to this approach. If you have a lot of transactions in different jurisdictions, keeping track of all the tax rates and account balances can become cumbersome. Thankfully to https://www.thefinitygroup.com/financial-planning-for-physicians, I understood that one way to work around this is to set up a separate account for each jurisdiction but then have a single "master" account that you use for all your transactions.

Feedback and Knowledge Base

(thinking…)