QuickBooks uses sales tax items to calculate the sales tax on transactions and associate the tax with the correct sales tax agency (e.g. Receiver General). Then, the calculated sales tax tracks to the liability account for that agency (e.g. GST/HST Payable). Add sales...
Here’s how to easily calculate sales tax in QuickBooks Self-Employed: First, open the QuickBooks Self-Employed app on your phone. The app asks you if you need to file GST, PST, or HST on the home screen. Select “Yes.” This takes you to the Sales Tax screen. Select the province ...
I would like to ask you an additional question: I am trying to complete the CO-17 form for an inactive corporation in Quebec, I found the following on the Revenu Quebec website: If the corporation has been inactive you have to add to the declaration a balance sheet indicating its ...
QuickBooks Team November 21, 2020 05:24 AM This is just the place to get the answers you're looking for, @greencross. There are times when an invoice becomes non-collectible and you need to write it off and declare it as a bad debt so you can...
However, QuickBooks Self-Employed (QBSE) can help with easy expense tracking, as well as automatic receipt organization, invoicing processes, mileage tracking, and cash flow summaries.Partnership Similar to a sole proprietorship, there’s no legal separation between you and your business. The only ...
QuickBooks Team November 21, 2020 05:24 AM This is just the place to get the answers you're looking for, @greencross. There are times when an invoice becomes non-collectible and you need to write it off and declare it as a bad debt so you can...