Viewing 3 posts - 1 through 3 (of 3 total)
Viewing 3 posts - 1 through 3 (of 3 total)
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Hi Martin
Sorry to bring more problems for you to check, but here is another one.
Here are the purchase journal defaults.
Tax rate 13 %
Vendor charges yes
Item status taxable
rebate percent 50%
Create a purchase invoice and enter $352.08 as item total.
When it calculate taxes and amount, the item total changes to $352.09.
Cheers
Thomas
Thomas,
I look into this problem and let you know what can be done for a service pack.
I see you are taking a 50% rebate of HST, Non Profits in Ontario (most but not all) take 50% of the Federal portion of HST (5%) and the rebate provincial portion of the 8% varies depending on the Non Profit type. Shouldn’t you also use tax 2 with 8% with the appropriate rebate percentage?
Just wondering.
Regards to All,
Martin
Thanks Martin
The 3 organizations that we work with in Nova Scotia are 50% provincial also.
Thomas
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