Tax rate settings for Quebec

Summary

Setting up tax rates for GST and QST for Quebec in Sage 50 Accounting.

Resolution

  1. Go to Setup, Settings, Sales Taxes, then Taxes.
  2. The Tax column must have two taxes: GST and QST.
  3. Set Exempt from this Tax to No.
  4. Set Is this tax taxable to No.
  5. Set Report on taxes to Yes.
  6. Select Tax Codes from the menu on the left.
  7. Click the magnifying glass next to the tax code.
  8. Ensure the rate is 5% for GST and 9.975 for QST.
  9. Select Yes in the Is Refundable column.

 

The sales tax window in settings showing GST and QST.

The tax code details window showing the GST and QST rates.

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Solution Properties

Solution ID
220924860110531
Last Modified Date
Mon Nov 21 17:54:25 UTC 2022
Views
0