How do I track my sales and purchases tax in different accounts?

In Zoho Books, there are two modes for tracking tax. To track your taxes under separate accounts:

  • Go to Settings in the top right corner of the page.
  • Select Taxes under Taxes & Compliance.
  • In the Taxes pane, select Tax Settings.
  • Select Track Taxes Under Separate Accounts.

The taxes applied on your sales and purchase transactions will be tracked under the Output Tax and Input Tax accounts respectively.

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