Florida state sales tax is calculated on a bracket system for any non whole dollar amounts (for example, $2.34 ). Normally, the Sales and Use tax is a flat 6% (other counties may charge higher discretionary tax).
For transaction amounts that are not whole dollar amounts, the State of Florida has a table that shows what amount of tax should be charged for the "cents" on the transaction.
For example, according to the chart, on all transactions with amounts between $0.34 - $0.50, you would charge $0.03 of sales tax.
The problem arises when QuickBooks calculates a flat 6% tax on the transaction. 6% on $0.34 is only $0.02. Therefore, if Quickbooks calculates using a flat percentage, it will end up not withholding enough sales tax on the transaction according to the state of Florida.
Currently, QuickBooks does not have a way to account for states using a "bracket" sales tax system. Depending on the situation, we recommend the following workarounds:
For more information, please check out the State of Florida sales tax bracket tables