Many of you living in Maryland know that the sales tax rate is going
up from 5% to 6%. Those of you that don't: SURPRISE!
I've been tasked with changing the rate in Quickbooks. While I can
change the rate--it's easy enough--Maryland's tax table doesn't
exactly jibe with a real 6% rate.
MD says, for instance, that the tax on $1.01-$1.16 is $.07.
Quickbooks, however, says that $.07 tax is between $1.09-$1.24.
Is there any way to make Quickbooks conform to Maryland's math?
Thanks
Katan
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