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November 15, 2021
Question

How to I put 5% HST? I have a client that has native status. Thanks John

  • November 15, 2021
  • 1 reply
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1 reply

November 16, 2021

Hi John,

Welcome to the Community. Having your sales tax set properly is essential to ensure that your fillings and payments are correct. QuickBooks Online is a great program that offers the ability to track your sales tax to make sure that the correct amount is reported to the CRA. I'd be glad to point you in the right direction how to the set up the 5% HST. 

In order to apply this tax rate for the customer, I encourage you to add the custom tax rate under the tax centre. I'll explain how.

  1. Click on Taxes on the left navigation menu.
  2. Choose select Sales tax.
  3. Select Manage sales tax.
  4. Under the correct agency, click on Add customer rate and enter the information.
  5. Once finished, click on Add and then Done.


You'll be able to apply this tax rate on your transactions. If you aren't sure which accounts to use when adding the customer tax rate, I recommend that you consult an accountant as they have the ability to explain which account to use in order to keep your books balanced. If you don't have an accountant, you can find an accountant near you by clicking on the My Accountant tab on the left navigation menu > and then Find a pro to help.

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