QuickBooks Self-Employed now tracks Sales Tax on your invoice and expense transactions.
There are three types of sales tax supported in QuickBooks Self-Employed to add to your invoices: Goods and Services Tax (GST), Harmonized Sales Tax (HST), and Provincial sales taxes (PST), based on the province you select when setting up sales tax in Your work info. The GST/HST/PST portion of sales/income are submitted to the CRA.
Some provinces have just a 5% GST, some have 5% GST plus a 6%, 7%, or 8% PST (Province Sales Tax) that is paid to the province and some have just HST (Harmonized Sale Tax) which can be 13% or 15% and applied at once (the government then will tally the right amounts to be paid for GST and the other PST for you).
Quebec Sales Tax (QST) is not supported for now since it is treated as a separate country/state in Canada and has its own taxability terms.
Set up Sales Tax
You also have the option to opt out from applying GST/HST tax to specific invoices in situations where items are GST/HST free as mandated by the government.
Include Sales Tax on transactions
Once you toggle to include sales tax, the sales tax will default to the province rate you selected in Your work info.
Change the Sales Tax on invoices
There are two ways to change the sales tax on your invoices
Sales Tax reporting
Use the Transaction Log report to see your GST, HST, and PST by province for each transaction:
Use the Tax Summary report to see the total GST/PST/HST paid and collected:
This report is a snapshot of your account at the moment you export it. If you change any information in your account after exporting the report, you'll need to export it again to include the changes.
Important: When you add sales tax to an invoice, it will not be reflected in the Tax Summary report. QuickBooks Self-Employed is a cash-based accounting software, and therefore only includes income and expense categorized by transactions on the Tax Summary report.