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Michelle Jay

Can I set up more than one GST account?

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Hello! I recently bought an iMac and shortly after found out that my sage program doesn't work on IOS (SAD!). I am thinking of making the switch to Sage Cloud, but I can't seem to set it up exactly how I need it.

I have an e commerce website where I sell all across Canada and worldwide. Due to selling all across Canada I have to collect GST based on location (5% for BC, AB,  MB, etc. 13% for ON, and 15% for the east). This requires me to have separate Revenue and GST accounts for each rate. I can't see anywhere in Sage Cloud how to set this up. Is it even possible? I can't find any answers online.

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    Hello ,

    The following article will walk you through understanding and setting up your Tax settings in Sage Business Cloud Accounting.

    Go to SETTINGS, then SALES TAX. In the list of sales tax types on the Sales Tax Settings page, select I will not collect tax here for any unneeded tax types. For the remaining tax types, enter your registration number and select when your tax compliance reporting period deadlines are in the Tax Return Frequency field.

    When creating a sales transaction (invoice, credit note, quote, estimate, or a quick entry) the available tax rates are based on the address of the contact.

    Please refer to the article for more details.

    Thanks for choosing Sage.

  • 0 in reply to Mohamed Cisse

    My issue is I collect GST for every single province and territory based on their rate. There is only one GST/HST line and I cannot set the correct percentage or GST account to it :( I've attached a screenshot of how I have it set up in Sage50 on my PC.

*Community Hub is the new name for Sage City