Taxes

Looking for some help with how to properly record the customs duties and taxes on a purchase order for a shipment that was received. My main concern is how do a properly account for the taxes that were paid so that I can receive the tax credit. Do I need to create a second bill with the charges or add it on to the original purchase order? Thanks

Hello, We have an issue where the invoice line total is calculating incorrectly when we change the default tax code to QST.  This only happens with the QST tax code.  The code was set up using the QB Tax Wizard and all rates are correct. For example - 49.5 hours at a rate of $131.91414 should equal $6,529.75.  However, the total on the line changes to $6,546.02 when the QST tax code is used.   How is QB calculating incorrectly with this one tax code and how do we fix this?  There has been no modification to the sales item and this only happens with the QST code, all other codes are fine. Thanks!

The GST is listed as 2.5% instead of 5% and the PST is listed as 9.5% instead of 7% How can this be corrected

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Selling products as well as Electrical services on a First Nation. They are requesting that i do not charge them sales tax. How do I set that up in Quickbooks Online?

Hi, My GST refund that I was expecting was $12,961.51. However, I received $12,700.19 because I owed $265.15 in penalties for a late DAS report.    How do I record my refund and account for the penalty amount without messing up the tax side?  Any advice would be appreciated.  Thank you. 

One of my accounts are out of balance by the amount of two HST tax (Refunds) returns I received.I am new to QB and didn't realize I had to reconcile my HST account. One return was for the period July 11- Sept. 30, 2021 (refund received Dec. 2021) the second one was for the period Oct 1 - Dec 31, 2021 (refund received Feb. 2022) When I go into reconcile account it will only allow me to reconcile with an end date of Feb 28, 2022. and when I do that I get the following question:How do you want to pay your bill?The balance due for this account is $3,545.91. If you want, you can:Pay all or a portion of the bill nowEnter a bill to pay laterI am not sure what to do at this point because this is not a payment it was a refund? Thank you LT  

My year end was the end of February and I made my last quarterly HST installment payment at the end of March.  When I pull up my sale tax report to file my annual return, it does not include the last HST installment, since it happened after the fiscal year end.   Is there a way to correct this?

https://www2.gov.bc.ca/assets/gov/taxes/sales-taxes/publications/notice-2022-003-provincial-sales-tax-on-fossil-fuel-combustion-systems-and-heat-pumps.pdf

Hi,I export a GFI format file from Sage 50, and when I import it to Pro Tax, a message shows that my file is not in GFI format, but my file is indeed in GFI Format , Can someone tell me why the GFI file can't be imported ? Thanks  The GFI file that I import The message shows after import    

I have a bill for HST owing in a previous period. I now have an HST refund that shows as an invoice in the current period. How do I apply the refund to the bill?

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I would like to see three GST Accounts: GST Collected, GST Paid (ITC's), GST Payable. The default in QBO is linking all GST to one account making it very difficult to track adjustments from prior periods.

For my insurance expenses, only Ontario PST applies, but there doesn't seem to be a way in QuickBooks Self Employed to apply PST only to the expense, only HST. Is there a way to do this?Thanks

Original tax return was "Filed" in QBO, but no option to unfile or adjust, just Record Payment.

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does Intuit add GST to the fee they charge me for my client using their payment service?

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Hello, I am trying to set up the GST as a compound tax. Is this possible? It is for a Vape sale. The government now charges 13% vape tax plus 7% provincial tax and then GST on purchase plus the 20% taxes.Example: Sale: $60.00PST: $4.20Vape: $7.80Subtotal: $72.00GST: $3.60Total: $75.60

Our HST on our invoices being sent out are off by 0.01 to $1.37, depending on the size of the invoice. My understanding is that the HST is calculated by line item and rounded, which is causing quite a few issues when our clients are entering the invoices and they see they are overpaying in HST. The sub totals match but the HST is off.  What I don’t understand then is why the bottom of the invoice it says HST 13% calculated on subtotal when it’s not really calculated that way? How can we fix this issue so that HST is correct for all parties? To top it off, it’s other clients using QBO Online that are advising us that the tax is incorrect.

I've unfortunately been using the wrong number on my invoices and I can't get through to quickbooks for the life of me. How can I change the number thats displayed on my invoices?