{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/5da20996759440ad967a4c278bd09649\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/5da20996759440ad967a4c278bd09649-36acae1581c5632e.jpg","duration":116.437,"title":"QuickBooks Invoicing Sales Tax Automatic Calculation","description":"This Loom explains how to ensure QuickBooks invoices use the correct Automatic Calculation for sales tax. The speaker notes that when an item is taxable, Automatic Calculation determines the sales tax amount based on the correct rate, such as $6.75 on a $100 item, rather than relying on a manually chosen rate. They warn that copying or pasting old invoices or using outdated templates can leave an unintended saved tax rate, which could lead to undercharging or overcharging. When filing sales taxes, the system calculates the correct amount, so undercharging due to the wrong rate may not cost the business the difference."}