QuickBooks Tax Classification API
Tax classification segregates different items into different classifications and the tax classification is one of the key parameters to determine appropriate tax on transactions involving items. Tax classifications are sourced by either tax governing authorities as in Malaysia or externally like Exactor. 'Fuel', 'Garments' and 'Soft drinks' are a few examples of tax classification in layman terms. User can choose a specific tax classification for an item while creating it.