cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
gboyes777-yahoo-
Level 1

I'm new to quickbooks and am trying to help my brother with entering expenses. He's an owner operator truck driver. How is the GST handled in the entry?

I'm looking specifically on meals. He pays a bill, sometimes tip is included, sometimes not... since the whole meal is an expense item do you record it inclusive of GST or out of scope?
1 Comment 1
JamesM4
QuickBooks Team

I'm new to quickbooks and am trying to help my brother with entering expenses. He's an owner operator truck driver. How is the GST handled in the entry?

Hi there, 

 

Welcome to the QuickBooks family! It's good to know the difference among the tax codes you've mentioned above. I'll be happy to steer you on the right path by providing the information you need to move forward. 

 

Inclusive of tax means that the chosen transaction will have the applicable tax rates included. Out of scope pertains to non-taxable goods and services with a rate of 0% in QuickBooks. I recommend consulting with your accountant to learn more about the best tax codes to use for your business. Otherwise, you're more than welcome to ask other questions below or reference the following article with more info about: Common sales tax codes

 

Let me know if this info helps by leaving a comment below. I'll be a message away. 

Need to get in touch?

Contact us