Hello . i am trying to input the taxes and duties i pay for international shipments . So when i run my reports the totals appear in my tax summary

Hi there, 

Running a small business means that you'll be dealing with tons of different transaction types. It's important that you're working with an accounting software that makes it easy to accommodate unique situations, such as recording sales tax on imported goods. I'd be happy to explain how you can account for that on your purchases.

To record an expense for Canadian Sales Tax paid on imported goods, perform the following steps:

1. Go to Expenses.
2. On the Expenses tab, from the New transaction drop-down menu, select Expense.
3. Under Account details, on the first line, in the Account column, select an expense account related to the imported goods.
4. Enter 0.01 in the Amount column.
5. Select a tax code that represents all tax types paid. For example, if you paid both GST and PST on the imported goods, select a GST+PST code.
6. On the second line, in the Account column, select the same account.
7. Enter -0.01 in the Amount column.
8. Select “out of scope” for the tax code.
9. Edit the fields below the Subtotal to reflect the amount of tax paid for each tax type.
10. Select Save.

That's all there is to it. If you have any other questions or concerns, please touch base with our tech support team.

Cheers.