Taxes
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How come QST isn't supported over a year after the product is out and multiple people inquired about it?? All you offer is to register to a more expansive service but even if that was an acceptable answer (which it isn't) that option likely doesn't fit the need of the people who register to the self-employed in the first place as you don't have the same functionnalities like splitting corporate and personal expanses on the same account. And as you answered to other people, you do mention it on the website, but the idea that only Qc taxes would not be supported is so foolish that I can garantee you 90% of the people don't read all the details in that section and register to your service only to find out that it won't work for them. Will QST be supported in the Self-Employed version in the next few months? A simple yes or no answer will suffice. Bottom line, you guys should do better than that. Thanks
I files & made payment for yearend/last quarter submission for GST (Eg: $1500) then later on with all the final entries/adjustments...etc, I run the Sale Tax report again, the amount I actually owe is $1700. How do I fix/adjust the report or make the correct payment? Thanks
In Quickbooks Online, I purchased an inventory item that included GST/PST and later sold the item charging GST/PST. Now in Inventory the item has a quantity of 0 but a value equal to the PST on the purchase price.Looks like I should not have paid PST on the purchase but need to know how to get it out of inventory value.
Hi, I am new to QB Canada. I have worked on QB US but never had to deal with sales tax. We have s small office in Ontario with customers and vendors from different regions of the Canada. I am going through each customer and vendor to make sure there is a sales tax code for each province the customers/vendors are in. I am trying to enter the sales tax code for NB but keep getting: You have duplicate sales tax item, account, agency, or code. What did I do wrong? The sales tax codes I have are:
Hello, I noticed recently an issue in my Sales Tax Report, which I use to pay my PST monthly. Box I always shows the same amount, regardless of which dates are selected for the report. I can't figure out where it's from.I also noticed that if I do a new return, that contains PST, it isn't reflected here.Have I set something up wrong?Thanks,Amber
The amounts paid were associated with an older sole proprietorship QB account but the bank accounts connected to our new incorporated QB account show the payment. I'm not sure how to record it in the corporation QB.
This is a 2 part question. QB is telling me I need to assign a HST/GST type to a monthly bank account fee I am trying to add as an expense but I don't know which option to select (I assume it's 0% tax). I have the following options but don't know which one applies or what all the 0% purchase options mean. Can anyone tell me what to select but also expand on what each option is used for?Exempt (0% Purchases)Zero Rated (0% Purchases)Out of Scope (0% Purchases)HST ON (13% Purchases)
Hi, I use the Square app to sync my transactions to Quickbooks. Yesterday I had to add a new Tax code to Quickbooks because of an out of province whole sale order. The Square sync is now giving me an error in the log file: "Could not create the invoice in QuickBooks Online. Error: We encountered an error when creating an invoice in QuickBooks Online: Error: 400 Invalid Reference Id Invalid Reference Id : TaxRate" I assume it's maybe related to adding a new tax code?I've also checked the "defaults section" in the app "Integration Options and Logs" and set the default Tax there to HST ON and did a manual import but still the same error message. Anybody else have this problem? Or know how to fix it? Thanks a lot!Bram
The CRA neither asks for nor refunds amounts that are less than a dollar. Example: The CRA owes me a tax refund $1,000.16. They send me a cheque for $1,000.00. So now my receivables account have a leftover value of $0.16.I know it doesn't sound like much but it drives me crazy that the account doesn't balance at $0. Is there any way for me to get rid of the $0.16? More background:1. The refund was a implemented as a G/L year-end entry (as opposed to a bill).2. The refund occurred in a prior taxation year.
On my purchase order, some items are charged both GST and PST, but some only charged GST. How can I set the purchase tax to record this?
Ok - (BC) PST is a beast (man do I wish we had kept HST) - but I don't think quickbooks is doing it right. (these examples assume the QB user is both PST and GST registered) Example 1: I buy something for $100 with my PST Number so I only pay 5% GST - Mark as billable to a customer. Now when I bill to my customer the item comes up as $100 with GST only. The Item's tax code should determine the taxes at time of sale (not the taxes at time of purchase). ALL items sold by someone who is PST registered, are required to be sold with PST (only a few services are PST exempt). It would be better to have PST charged as default on everything. With the current QB method PST is manual, and forgetting to charge it puts the lability on the business. (BC gov could come back and make you pay it all).(This example also applies to things you buy from US or int - in that case we pay no tax, but need to charge both) Example 2 - I b
All of our sales are taxable. When I run the sales tax liability report the tax amount due is correct but the report shows amounts under non-taxable when they should all show as taxable. Does anyone know why this might be happening and how to fix it?
