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Gord139
October 27, 2021
Question

Skip The Dishes sales

  • October 27, 2021
  • 1 reply
  • 0 views

Hi, I'm using quickbooks desktop and online for clients. I'd like to get opinions on how to enter skip the dishes sales/deposits. 

The deposits are with HST Collected, Less Fees Paid and HST Paid. 

I'd like the sales to be reported on the sales tax report, along with the HST Collected and the HST Paid reported as ITC.  

 

Example;  

$4,970.23 - Deposited 
$5,434.00 - Sales as per skip the dishes
$706.42 - HST Collected (13% of sales) 
$(981.22) - Skip Fee
$(188.97) - HST Paid on Skip Fee
$4,970.23 - Deposited 

 

Thank you, 

Gord 

1 reply

T
Trish_T
October 27, 2021

Hi Gord139,

 

It's great to see you reaching out to Community.  Recording your transactions for Skip the Dishes can be done smoothly in QuickBooks Online.  I'd be glad to advise!

 

I suggest creating a sales receipt for the daily deposit with the applicable sales tax code to ensure it hits the tax center.  Then record the expense with the fees and the tax code to hit the ITC. 

 

Here's how to create a sales receipt and an expense:

 

1. At the top left click on +New

2. Select Sales Receipt or Expense

3. Complete the required fields, review the information and then hit Save and Close

Note: You'll need to add Skip the Dishes as a supplier, if you haven't already.

 

To add a supplier:

 

1. Choose Expenses from the left menu, then Suppliers

2. Hit New Supplier

3. Complete the information as you see fit

Select Save and Close

I hope this helps!

 

Please don't hesitate to reach back out if you have any other questions.  Enjoy the rest of your day!

 

 

 

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