MyWorks makes it as easy as possible to handle accounting for the sales tax collected in Shopify orders from Australia and New Zealand. We'll automatically sync the tax charged on the order into QuickBooks Online as we sync the order: all that's needed is mapping your VAT tax rate(s) in Shopify to their corresponding tax rates in your QuickBooks.

Setting up sales tax

MyWorks allows you to easily map your Shopify sales tax rates to the sales tax rates present in your QuickBooks company. There are two areas in MyWorks to manage this. 

Settings > Tax

In MyWorks Sync > Settings > Tax, you can set your QuickBooks tax rate that should be applied to items that are not taxed in your Shopify orders. This is normally a tax rate named “Out of Scope”, or “Exempt”.

Map > Tax Rates

In MyWorks Sync > Map > Tax Rates, you can view your Shopify tax rates and select the matching QuickBooks tax rate for each.  

• The 10% GST rate for Australia can be mapped to its corresponding 10% rate in QuickBooks- normally named “10% GST”. 
• Similarly with New Zealand - simply select the matching GST rate in QuickBooks.

Syncing tax as a line item

Alternatively, if you do not wish to use the sales tax area in QuickBooks,  and/or have sales tax turned off in QuickBooks, you can sync tax as a line item in the QuickBooks order instead.

You can enable the setting to sync sales tax as a line item in MyWorks Sync > Settings > Tax, and the Sales Tax collected in the Shopify order will instead be passed into a line item in QuickBooks Online. This item can be created in your QuickBooks and assigned to your "Sales Tax Payable" account.