• HST - partial refund

    I haven't been claiming and ITC for business meals and travel expenses but I recently learned that I can claim 50% of the HST as and ITC. How do I set this up in Sage to indicate that 13% tax was paid but only 50% of that tax is claimable as and ITC?
  • record 5% GST or 13% HST

    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…
  • How to fix entries with incorrect tax code settings (set to non-reimbursable but should have been reimbursable)

    Our sales tax rate changed July 1, so I set up a new tax code for this new rate. I thought I double checked everything and it was working great until now, 3 months later when I ran a report to show the balance of account 2315 GST/HST Paid on Purchases…
  • RE: Setting up HST for my company

    Hi Glenn77, You can also follow the knowledge base article link below for steps to setup HST: How do I setup sales taxes (GST, PST, QST & HST) in Sage 50-Canadian Edition? Please note that First Step does not give you option to create new tax name…
  • Setting up HST for my company

    How do I set-up HST for my company in Ontario? I have tried and tried and cannot get this to work! I have accounts set-up for HST charged on sales and paid on purchases but cannot seem to get Simply to set this up! Please help!