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July 28, 2019
Question

How do you enter Ontario Tax 8% only instead of GST ?

  • July 28, 2019
  • 1 reply
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1 reply

July 28, 2019

Hello there, jpmweldingandere,

 

I'm here to guide you on how to enter Ontario tax instead of GST.

 

Here's what you'll need to do:

  1. Click Taxes in the left navigation menu.
  2. Click Manage sales tax button at the upper right hand.
  3. Click Add rate link.
  4. Enter Tax name, then go to Tax agency section.
  5. Put a check mark for I collect this on sales or I pay this on purchases.
  6. Enter Tax on sales rate, then select specific Account.  
  7. Go to Show tax amount on return line section and select on the drop-down menu.
  8. Click Add.

Once done, you're now ready to create a transaction using Ontario Tax. For additional reference, you may find below articles helpful in the future:

Keep me updated on how it goes, jpmweldingandere. You can always count on me in managing your QuickBooks Online account.