Canadian Charities using QBO only. How do you handle HST you pay on invoices.

Yes this is possible, I have setup my client for PSB rebate on Ontario.

It has to be setup in the tax module

Can you tell me how to do it?  I am brand new to QBO and still working on set-up.  Thanks

Very excited to hear your answer as I’m looking for the same instructions. 

Did you get an answer?  Love to here the solution 

Hi NQ77,

Do you offer services with setting up PSB rebates in Ontario? If so, I would need your assistance.

Hello Olabero. Thanks for reaching out to us here. I'll be happy to assist you with achieving your QuickBooks goals. To get started, could you elaborate about what you're looking to accomplish in QuickBooks? 

Hi.  I didnt get the answer here, but did get it done with a phone call to Help.  I didnt write down the steps so dont want to try to repeat it her.  Use the "call back" button and get someone to walk you through it.

Good luck!

Were you able to retain the rebate sales tax portion in the expense account? My bookkeeper set it up so that it's going into a separate account and I'm trying to fix it (unlike in my desktop setup where it was retained in the expense account)

Hi. I did not do the set up my, someone at QB help walked me through it but it took a number of attempts.  It works so that the rebate amount goes to a suspense account and at the end of each month I make an entry to transfer it to the HST Receivable account. The expense portion stays with the invoice expense. 

There is this:

https://intuitglobal.intuit.com/iq/quickbooks/docs/HST_Charity_xONx.pdf

Also, this is helpful ... instructions for M&E tax group rate could be adjusted to match the current year sales tax rebate percentages for charity HST?

https://quickbooks.intuit.com/learn-support/en-ca/help-article/sales-taxes/set-sales-tax-rate-meals-...