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Jul 6, 2021 2:15 AM UTC
Question

How do u set up taxes for indigenous peoples

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1 reply

Noelia Nievas
Jul 6, 2021 3:06 AM UTC

Hi johnhahnpt, 

 

I am glad you have reached out to the community, I will be more than happy to help. QuickBooks Online is designed to accommodate a variety of business needs. 

 

There is a similar thread in the Community that explains the difference between Exempt, Zero-rated, and Out of Scope. Please see below further information that you will find useful:

 

"The Out of Scope tax code is something you should assign to transactions that have no impact on your tax liability or returns. Unlike Exempt and Zero-rated which should be used according to the CRA's specifications, Out of Scope can be used to separate transactions from the system's tax tracking feature."

 

See this link When do I use Out of Scope Tax Code?

Common sales tax codes.

 

Kind regards,

Noelia