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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 am trying to migrate my company data from Sage 50 Desktop to Sage Business Accounting Online. I have followed all the steps and used the migration tool, however during this step I ran into some errors that need to be corrected before completing…

Hello, I have an account set up to record GST collected on revenue. I noticed that GST is in fact being recorded on transactions, but is not being recorded to the GST account I had set up. The problem is that I'm not sure where Sage Cloud has recorded…

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…

I am an egg producer. On my receipt I get paid for my eggs. Then there are deductions, one for egg levy, and one for shipping and handling. They both have GST charged on them. This GST is an ITC. How do I set that up. For instance Eggs $1000.00 GST…

We have our GST setup to record GST on Sales into a GST account, and we also have a separate account to record GST (ITC) on purchases. When we purchase something I use the "Other payment" transaction in the banking section and the journal entry is 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…

Hi there, Our client is in Canada. There are two types of input taxes: GST (5%), PST (7%) In general, GST is 100% recoverable (deductible) while PST is not recoverable. As an example, I have an invoice for $112, (100 net + 5 gst + 7 gst) The accounting…

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.

Hello, I'm looking at processing AP invoices in PO module and the issue I have is around GST. We are in Canada fyi. We don't include GST on PO as tax and add GST line while entering invoice in AP module. But PO module won't allow entering any new…

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…

Hi All I was really excited to read about the new additions to X3 in relation to GST. (GESGST). However I am interested to know if anyone is using it? The report only works for invoices processed through sales, purchases, Accounts payable and Accounts…

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…

Hi, Is there a way to put only Goods and Services taxes when I do an invoice entry? thanks.

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…

We are from Australia. We have set up two tax classes on supplier. When we made a purchase: 1) Within Australia, GST Purchase 2) Outside of Australia, GST Free Purchase (as the GST will be dealt with the freight company who deliver the goods to…