I'm glad to see you reaching out to Community. It's important that you're recording and tracking taxes that have been applied at the border. QuickBooks Online has you covered and I'd be happy to assist you with the process.
To record Canadian Sales Tax paid on imported goods, follow these steps:
1. From the left menu, click on +New and select Expense
2. Enter the Payee from the list using the drop-down arrow or +Add one if you haven't already
3. On the first line under Account Details, in the Account column, select the expense account related to the imported goods
4. Enter 0.01 in the Amount field
5. Choose the tax code that represents all tax types paid
6. For the second line, enter the same account in the Account column
7. Put 0.01 in the Amount field
8. Enter '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 and then hit Save.
You've successfully recorded the sales tax!
If you have any other questions, don't hesitate to reach back out. We're always glad to help!
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