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Line 50 in Canada

Sage 50 general help forum - Free help and support for all general issues
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js1

Line 50 in Canada

Post by js1 » 15 Jun 2006, 12:25

does anyone know if Line 50 or any other sage line product range can be modified to work with dual tax systems ie two purchases taxes. Canada has GST 7% and PST 8% of which only GST is reclaimable on purchases, however they are both remittable on sales.
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brucedenney
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Joined: 28 Feb 2006, 09:56
Sage Version: v28 UK/Europe/Africa

Post by brucedenney » 19 Jun 2006, 12:32

Sage only allows for one tax amount on an item (and lots of catagories)

You could enter Purchases with 8% tax and treat the 7% GST as part of the net cost.

You could enter sales with 17% combined GST and PST and then split the amount.

Both pretty unsatisfactory...
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