Taxes
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I have a client that does their own receipt scanning and coding from the 'Receipt's feature in QBO. They purchase a lot of grocery items, as they operate a food services business. Therefore most items are GST exempt. However, there is the off time when there is GST. When reviewing the scanned receipts, QBO does pick up the actual GST, but then when we set the default tax code, the value changes. It would be even more time consuming for my client to split the transaction.
I have clients on a reserve in Ontario who only pay 5% GST, not the 8% PST. How do I do this?
I get the error message: You have either selected a tax liability account on a transaction where it's not allowed, or haven't specified a tax rate along with it.
What should i do now
But when added in mobile app, the total does not include the gst
We are independent contractors that provide service for one entity and we need to bill for our services each month. I can see how to create an invoice, but it will not let me add the GST. I have the tax set up, but it doesn't give the option in the option to add it.
I have set Quickbooks to track my sales tax, but I prefer to file the HST return and pay it directly from the bank account (not linked with QB). How can I record in QB that HST was reported and paid?
When you send an invoice from within QB with online payments enabled, the capitalization for the sales tax is incorrect: it displays "Hst (on)" in the bottom-right corner. If I print an invoice, it correctly shows "HST (ON)."
I cannot run my T5018s as the program has X'd out all the tax number except the last 4 digits
I took over the books from my accountant. They filed up to year end Jan 31, 2024. They provided me with a Trial Balance, and they recorded the HST collected and the HST paid in separate accounts. However, quickbooks summarized them together. How would I report the GST collected and the GST paid in one account from the trial balance? Thank you.
I created a new "NS HST" category of 14% . QBO calculayes it, but it does not appear as an item in the invoice between subtotal and total as it used to.
HI, I have my tax rates setup fine. When trying to assign a tax rate SOME transactions only show Manage Rates in the dropdown when assigning bank transactions. Any idea why? These transactions were added via Import CSV function. I've never had an issue with this before. Tried clearing cache and cookies
I can continue with 3 of the 4 owners, but that would be misleading information.
I don't see any option in the app
Since NS decreased it's sales tax from 15 to 14 percent I am not able to sync my invoice data.
