Taxes

Can someone from Intuit contact me regarding setting up payments?

When I enter payable invoices I somerimes need to enter HST that is different that the calculated 13%. For example for broker invoices the charge their rate where the HST is calculated normally. However we also need to pay the HST on the item imported. A bill may have $40.00 broker fees and $110.00 HST. How do you enter that cleanly? There are other situations where this type of thing happens.. So far I have just entered the taxable goods with tax excempt, and them entered the HST rzx excempt and posted that line to an GL account. Now I have HST payable in another account than the proper HST account. What is the solution?

Example DATE PAYMENT DEPOSIT TAX% BALANCE 12/09/2020 N/A 100.00 N/A $162.85 01/11/2021 $24.29 N/A 14.975 $138.26 incorrect, should be $134.98 01/31/2021 $39.19 N/A N/A $ 99.07 02/13/2021 $55.98 N/A 15.975 $ 43.09 incorrect, did not consider the tax

I needed to set up the Sales Tax so that when we have invoices we pay and claim the GST (50%) how do I set that up,

Hi, I am a bookkeeper for a small restaurant.We are using QBO but I didn't set up QBO payroll because we are using the separate payroll site.My boss wanted to pay the payroll tax every month and pay the tax by the business bank account.When the amount paid is on a bank statement, we should match the amount and record it on QBO.How can I record this amount? There is no button for payroll tax on the tab of Taxes for us.Can you help me? ThanksLeah Ju  

We would file HST returns in the past & we cancelled HST registration. Now we require to file again but QBO shows past start date. How to make it show correct start date?

I Live in BC but work for companies in Alberta so I don't charge them PST so I don't remit PST. However I sometimes have expenses in BC that I have to pay PST and GST on. I am not sure how to capture this in my expenses. Right now I am selecting tax inclusive and including  the PST & GST in the amount but in the GST line I have to overwrite the GST amount as it wants to include GST on the PST amount as well.

Due to COVID we lost our Bookkeeper/Accountant and started using the Quickbooks Desktop ourselves over the past two years. (thats 3 years accounting)  I figured out 'almost' everything except didn't know about using the Sales Tax features for preparing and paying our BC PST & GST.  We simply looked at the yearly accumulation of taxes collected and ITCs and used the Write Cheques feature to process the online payment we made directly via out bank account.  Now I notice that our Trial Balance, and TurboTax T2 are incorrect.  I now have a long list of items on the Unassigned Sales TAx reports.How do I repair this mess???

I know I can make a note on the estimate but - to make the customer understand why there is no Tax on the options is difficult

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Hey,  How can I track one-time HST payment?  I bought a phone for business in installments over 2 years, but I paid the HST on the phone upfront. How do I track that HST? I use Quickbooks self employed.  Thanks

Hi, I am needing assistance on how to record an expense with GST and PST. I am not registered to remit PST so that portion must go to the expense account and the GST is calculated on the subtotal (before PST). How do I enter this expense into the system. Currently, I am entering 2 expense lines for each expense:-one being the subtotal (with GST added to this amount)-the other being the PST (with the tax amount being exempt) This is the only work around I have found regarding the GST being correct and the PST getting allocated to the expense account. Please advise if any other way to enter because now in my expense accounts I will have 2 lines for every expense (subtotal and PST).

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Hi, I have a chalet under management by a property manager.  They collect the sales, and send me deposits monthly (the profit). Quebec lodging tax paid by property manager. The sales taxes are paid by me. I do not know how to set this up in Quickbooks.  For example, assuming a sale of 10 nights at 100$: Sale: 1000Lodging tax: 35Total: 1035PST: 51.75QST: 103.24Total: 1189.99 The deposit I have is NOT 1189.99, as the property manager is doing the loding tax remittance. The deposit is 1154.99 How can I enter this deposit: where 1154.99 is my sales and 51.75+103.24 for sales taxes ? Thanks! 

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I'm entering an expense for an Insurance Premium in QBO, to which I'd like to make sure to track the 9% tax rate on insurance premiums, so I can remit them at EOY. This is pretty-similar to the Sales Tax agency workflow, so I decided to create a custom Tax Agency for annual remittance to which I have configured a 9% tax-code on purchases. When I finish processing my bill, and assign the Insurance-Premium tax-code for the premium amount, I can't seem to find the amount recorded anywhere for any date on the Taxes/Sales Tax/Custom Agency I just created. Is this a bug or a feature? 

The system allows me to delete HST payments, but not installments. I have a very convoluted set of payments into different periods with the CRA and there were many transfers made between periods by myself and by the CRA, such that it is not possible to record a proper set of HST payments that match up with the individual banking transactions. I would like to roll back to a point where I can start entering them in sequence to fix things. There are installments that I cannot delete. My plan is to create another account that I can record all these pre-payments into, and then allocate the payments one by one from that account against the HST filings to mirror what the CRA did.

I am a newer bookkeeper and looking for a little guidance... I am reconciling an account for a client. He has made payments to CRA for Payroll Liabilities. His payroll is not set up for direct payment, so I am entering them as an expense out of his bank account.... are these exempt? or zero rated? when categorizing the expense?Thanks for your help.

Due to huge refunds we had to do for a big event that was cancelled our GST return shows negative amounts on both Line 101 and 103 on the QBO proforma GST return.   When attempting to file the return online, negative numbers on these lines are rejected. After 3 hours on hold with CRA, I discovered that QBO does not treat credit memos and refunds properly on the GST return.  According to CRA refunded GST should be reported on Line 107.  Refunds and credit memos should not be deducted from Sales to be reported on Line 101. Has anyone information to the contrary?

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The system only provides 13%. In Manitoba it is now 12%

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I tried the pro tax trial yesterday, entered some data and then click the save and close button, but I found the T2 return was not saved. I need to  create a new return and redo all work after I log in to pro tax interface again, The T2 tax return I made before is missing.Does the trial version have no save function? Thanks