Recently, There are lots of QuickBooks users are searching on the Internet “ How do I set QuickBooks for GST”. So here you will get all detail of your questions related to this topic. Just follow below steps and set your QuickBooks for GST. If you need support Service then Contact QuickBooks Customer Service Helpline Number 1(855)441-4417.
Note: This is only for India’s QuickBooks User.
Step 1: Register GST
Get registered for GST.If you have already registered for GST then proceed to 2nd steps
GST for QuickBooks companies which have set up tax agencies
Step 2: Add your details/ Information
Existing companies which have set up tax agency, no need to set again, you will see the “GST ready” widget on the dashboard page.
Enter your GSTIN (If you have not GSTIN don’t worry, It won’t stop you from creating invoices using GST tax rates in QuickBooks) and click Save.
GST for QuickBooks companies without taxes setup
Those Companies who have not enabled tax will see a Setup GST widget on the dashboard page
Click Setup GST
The Edit GST settings popup will occur
Enter Start of the tax period, which would be July 1st, 2017
Enter your GSTIN
Choose your Filing frequency and Accounting method
GST for all users
Step 3: Know your HSN, SAC codes
Know all codes for your products (HSN) and services (SAC) you offer.
Step 4: Record GSTIN of customers, suppliers
Record GSTIN of your customers and suppliers (if applicable).
You can add your customers’ and suppliers’ GSTIN to facilitate the generation of accurate GST Reports (GSTR)
Step 5: Create GST invoices
Learn more on how your invoice changes to be GST ready.
2. Customize your invoice template to display GST specific information.
3. Customize your invoice to start new invoice number series from 1st of July
4. Check out the video on invoicing for GST: Invoicing - QuickBooks for GST - YouTube
Step 6: Run GST reports
Create transactions (invoices, expenses) with the new GST tax rates.
You will also be able to create backdated transactions (prior to July 1, 2017) using prevailing rates, i.e., Service Tax, VAT.
Generate GST Reports (GSTR) or let your accountants generate it to complete filing.
Have problems or questions? Contact QuickBooks Point of Sale Support team and get all your Questions answers. We are always ready to help QuickBooks users so feel free and call us.