• Inventory and item cost problem

    Hi We have a problem with my inventory. We do house and buidling wiring. We sold and install different type of cable and sometime it's sold foot by foot or in a package and I have an ''service'' item for that purpose. Also since we are in canada…
  • Vehicle for sale

    Recently our company has started selling vehicles. I need to set up each vehicle as a cost object (I say cost object because I have considered doing and inventory item or perhaps a project) that needs to have the ability to have costs added to it such…
  • GST Refund Adjustment

    Hi all, Can anybody tell me the best way to record a GST Refund that has been audited and had ITCs denied by the CRA? When I file my return I move the rebate/amount owing to a clearing account. Normally, the 'GST Clearing' account would be emptied…