Taxes

Hello, I've enabled "Apply Sales Tax" (15% for P.E.I. Canada) to two $1000 items. So, the total tax should be $300 but QB Self Employed keeps showing me $260.87. That's incorrect, no? What am I missing here? Looking forward to the help,T

I had created a GST Receivable account to record the GST (Input Tax Credit) on supplies and other expenses.  But the amount on this GL code is not shown on the GST Summary.  Should I have used an existing account?  If any, what is the account.  Thank you.

For my business, I currently enter GST manually for each transaction but wanted to know if Quickbooks online can do it for us. 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).

Tax options set up for for GST/HST variants for Canadian provinces. I can assign the appropriate tax in all bank accounts except on Paypal transactions. How can I assign QC tax to paypal transactions?

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I have two purchases both of which have associated loans and both of which I need to recapture the ITC.  I know how to set up the loan and create cheques to record payment of principal, but I don't know how to record the actual purchase so that it will calculate the ITC that I need to claim.

I have recorded Daily Sales as per the QBO article:https://quickbooks.intuit.com/learn-support/en-us/help-article/sales-receipts/record-total-daily-sales-quickbooks-online/L0rHb69Mh_US_en_USI have enabled TAX (GST @5%) and have the items in my daily sales set as "Inclusive of Tax".When I make my daily Deposit it shows that the 5% GST Tax has beed deducted but it does not post the deducted amount to the GST/HST Payable (Other Current Liabilities) account in the Chart Of Accounts. How do I make the GST show up in the chart of accounts?

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I have filed my quarterly HST return and should now file the next one but the last filed return is not showing. What went wrong?

desktop  hst shows gross sales and nothing else

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Right now I have this:Office expense 139.93 GST 5%Owner's Investment -139.93 Out of Scope 0%However, this is causing a $7 difference in the entry. I have tried putting the difference into the GST payable account but I get an error.How do I record this?

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It's my companies year end and now they are sending me receipts from previous filed GST times that they missed during the year.  I went back and checked that I was using the right code for the manual journal entries that include GST.  Could it be the ITC from posting in previously remitted GST times?  Also, does anyone know why the chat line is down for contacting support during the weekdays?  

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When I invoice my customers, it has the wrong PST amount.

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Some invoices have items that are GST exempt so % on the total amount does not work.

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Hi there, when I wanted to efile my client GST I hit by mistake," yes" in the "new house rebate" window and then quickbooks lead me to use only netfile, how can I fixed it? I want to use efile. Thanks

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When QB calculates the GST on invoices and expenses, it is often off by a few cents.  This is especially problematic with reimbursement requests where I am entering a line per receipt provided.  QB calculates the GST on the total amount, rather than per line, so the rounding that occurs on each receipt is lost in QB.  This causes my GST numbers to be off and I want to ensure we are compliant when applying for our GST refund in case of an Audit.As we are a small charity, entering each line as a separate invoice to be paid is too time consuming and difficult, so I need to be able to add up the GST on the receipts and enter the total into QB manually.  This is a common feature in other software I have used previously and I need to know where to find the setting to adjust this.Thanks for your help!

Or do I need to re-file with CRA? I'd prefer not to ...

So I was delayed getting the reconciliation done on a quarter.  Went ahead and filed the GST based on what was there, then went in and reconciled.  Needed to add a missing transaction. OK, so figured next quarter the GST filing would pick that up.  It does seem to pick it up, but after I file for the next quarter, it still shows those incremental GST amounts as owing.  They show up on a GST report for the prior quarter, and they of course end up in the GST owing account on the trial balance.  How do I 'clear' them from the prior quarter?