Sage 50 Canada

I am trying to pay my GST/PST on my online banking in Quebec, but I don't know what numbers to punch in from my tax report from Simply software, I need to know what numbers to put for number 105, 108, 111, 113, 205, 208, 211, 213 Can anyone help me…

Hi there! I have a problem with our sage 50. I am currently a bookkeeper and I having a problem with GSt purchases in balance sheet. It doesnt show the negative sign, and it's adding the gst sale and gst purchase. The previous bookkeper up the books as…

(One would think that after 31 years of GST this would be simple....) Background: we have ALWAYS manually adjusted - either in Excel reports (VISA or expense reports) the GST on F&B items such that both GST ITC (at 50%) and expenses are properly reported…

Hello, I have posted my GST remittances as follows: Debit GST Charged on Sales 2310 Credit GST Paid on Purchases 2315 This is done as Supplier Invoice - Cash, as it is done through my bank However, How do I Clear this off my GST Report for the…

How do I record the journal entry for self assessed GST. I know the GST collected is a debit, GST paid on purchases and payment from my bank a credit. But how do I JE the amount that we paid to Revenue Canada for the GST self assessed on items? Any guidance…

Our previous accountant used sage tax report for GST/QST remittance, so there is always a balance in the beginning of period. When I reported for Jul-Sep/2020, I cleared all the beginning balance, which included GST/QST to pay amount for period of Jul…

We had a purchase invoice processed and got GST/QST refund. But later on, the auditor found billing info was wrong, and asked us to pay back GST/QST, how to record this payment? This invoice billing info write our another company, so I did a sale invoice…

I have always filed GST annually but this past year switched to quarterly which I have done (using Sage for my reports). This might be a stupid question but if I file quarterly, do I also need to file annually? Or does one replace the other? Thanks

What settings are needed on a sales tax code so that when you are entering an amount on a payables invoice that the GST it automatically taken out. For example, when entering a credit card bill, each line item has GST included in the total. I would like…

When setting up tax codes in Sage 50 Pro 2019 It will not add the PST. But we successfully set up the GST. Why can we set up one, but not the other? It just blanks out the entry without providing any error message. Thank you.

I have a client who is based in BC. He was contracting his services to a company that used to also be based in BC. However, this company has been taken over by one in Ontario. Now when he is getting his royalty payment they are adding on 13% HST rather…

Should we actually be using 2 different accounts for exchange gain vs exchange loss? It doesn't matter for the bottom line, net income will end up the same either way: Hmm... seems you can only configure one for the program to use automatically for adjustments…

I'm attempting to create a customized cost estimate form in Sage50 Premium Accounting. It is going fine except I don't want to show GST in my cost estimates. Is there anyway to remove this from my estimate? It doesnt show up as a field in the customize…

I have been doing some googling and it seems everybody has a different way of doing their GST remittance but I have been advised against doing it through Sage online filing. My question is which report should I use to make it accurate? I was using…

So in previous years, when it came time to pay our GST remittance - we were able to pay it in full by using the "Make other payments" window by entering the "Paid on purchases" amount as a negative, and the "Charged on sales" amount as a positive. Entering…

When I print off GST Tax Summary and then check these figures against the Income Statement (minus everything that needs to come off), the CRA Submission $ is different. Does anyone know why this would be?

In doing my 2014 taxes, I realized my GST Paid on Purchases is not being calculated. Fixed that in current year 2015, but now do I need to restore to fix in 2014 and transfer GIFI codes to Ufile? Why is SAGE so ridiculous? This will be the 2nd time…

I recently had an issue with my program (I will address this in a different question!) and I had to restore from a backup. Before I restored the gst was being added on my invoices, however now it is not. I went into customers and made sure they all still…

I have been using Sage 50 for a year...prior to that it was Simply and before that...Bedford... I cannot get my GST added to work in my vendor invoices. I have chosen a tax code of 'G' and a rate of 5% (Alberta vendors only). In Simply...when I chose…

Anyone know if stipends are subject to GST? I have a new client who is paid a monthly stipend by a company. She does not invoice them. Is this amount supposed to have GST added to it? I am not sure if that company is GST registered so I don't know if…

I'm situated in BC but I have an Alberta client so I do not charge them PST. I cannot get GST to populate onto my sales invoice. I went into settings, made a new tax code called "G" and put the rate of 5% in. I checked off it is not exempt and it is refundable…

We did not lock the year yet as we didnt send the stuff to the Accountants yet. I already did my GST report and I just got an Invoice dated March 31. Would it be better to enter it as April 1st so it doesnt throw off the books for the accountants?

I just noticed that GST is not posting correctly for 1 of the companies I have set up. If I pull up the All Journal Entries report, the transactions do not show the tax. If I recall the transaction, the tax is showing in the purchase journal screen…

I have a new client that is way, way behind in everything. In fact, no bookkeeping has been done and no CRA filings have been done. He started charging GST on his invoices from day one, but did not register for GST until several months later. What happens…