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C
C-5
January 28, 2025
Question

Selecting a Tax Code for an Expense that was Purchased for an Exempt Supply

  • January 28, 2025
  • 1 reply
  • 0 views

In Canada, if you can't claim the GST for an expense because it was purchased for an exempt supply, what tax code do you select in QBO online?

 

1 reply

H
Henock K
January 28, 2025

HI C-5,

Welcome to the Community. QuickBooks Online is a great program that gives you the ability to easily track your sales and expenses. I'd be glad to help. 

Based on what you've described, I encourage you to contact an accountant. They'll be able to point you in the right direction regarding the tax code. If you don't have an accountant, we can help you locate a ProAdvisor in your local area. 

 

Let me know if you have questions, I'll be happy to help.

 

 

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