Sales tax is a tax that is levied on the sale of goods and services in most jurisdictions. It is important to correctly set up sales tax on BigCommerce to correctly account for sales and tax obligations in your business.
There are a few different ways to set up sales tax on BigCommerce. You can either use the built-in sales tax features in BigCommerce, or you can use an external sales tax software.
The built-in sales tax features in BigCommerce allow you to calculate and collect sales tax on your transactions. To use these features, you first need to set up a tax entity in BigCommerce.
PRO TIP: If you are thinking about setting up sales tax on BigCommerce, be aware that there are a few things you need to know before you get started. First, sales tax is not currently available in all states. In addition, even if sales tax is available in your state, you may still need to register with the state before you can begin collecting taxes. Finally, be sure to consult with a tax professional to ensure that you are properly collecting and remitting taxes.
This entity will be used to track your sales and tax obligations. .
After you set up your tax entity, you can use the sales tax features to track your sales, calculate and collect taxes on your transactions, and report your taxes to your tax entity.
Alternatively, you can use an external sales tax software to manage your sales tax obligations. This software will allow you to track your sales, calculate and collect taxes on your transactions, and report your taxes to your tax entity.
whichever option you choose, it is important to keep track of your sales and tax obligations so that you can correctly account for your sales and tax obligations in BigCommerce.
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When setting up your BigCommerce store, you’ll need to include sales tax information. This can be done in a few different ways, depending on your location. If you’re located in the United States, you can add sales tax information to your products using the Tax Code fields in the product’s Settings page.
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