Sage 50 Canada

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 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…

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…

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…

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…

We charge our customers 5% GST, for a few days now, I haven't been able to enter "G" for a tax code when entering an invoice. The only code to choose is "no tax". I've been through the setup> settings> company> sales taxes..... taxes & tax codes appear…