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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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