Taxes

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100% of the subcontractors HST is used for our yearly remittance and only a certain percentage of our overhead HST is used so our accountants want us to separate them. Any advice?

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I am hoping there is a report or filter I can run for all sales deposits and then do a mass update.

I am using QuickBooks Online.We do quarterly HST returns filing. When I go to tax center and prepare Sales tax return it asks me a tax period and a return filing date.  Should this date be the quarter end date or the date of actual filing which is typically one month after the quarter end. For example for Q4  1-Oct to 31-Dec.A) If I enter the filing date as 31-Dec then my balance moves from HST payable to HST suspense as of 31-Dec which is shown in Holdbacks payable for year endB) If I enter the filing date as 31-Jan then balance movement happens on 31-Jan. This means as of 31-Dec my HST suspense will have 0 balance. But HST payable will have the balance for Holdbacks payable. What is the recommended practice? And does it defer for Q1-Q3 from Q4 which is also financial year end? Also, on the same lines for the year end Corporate income tax I have to make the journal entry as debit 'Current year taxes' credit 'Taxes payable'. I believe this entry has to be

I need to submit my GST remittance for last quarter but on the tax report it shows balances from previous periods. I'm currently setting up QB going back to Jan.'15 so these balances will clear up.How to I manually submit last quarter GST which is now due? How do I record the cheque I use to pay for the remittance and accurately adjust the GST account(s) for this transaction?ThanksI'm using QB Premier 2016.

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Hi! I'm currently looking into developing an application based on the API of Quickbooks Online. And I wonder if the Automated Sales Tax (AST) is supported in Canada? I could not find a definitive answer in the documentation.  Thanks!  

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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

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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

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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. 

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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 

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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.

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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)