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10Good day,
I am currently setting up GST/HST for a Canada based entity in Business Central Cloud.
On the Microsoft docs and learn there are 2 options in setting up GST/HST:
A. Use Tax posting setup and configuration https://learn.microsoft.com/en-ca/dynamics365/business-central/finance-setup-vat#set-up-vat-using-the-assisted-setup-guide-recommended
B. Use Sales Tax setup and configuration of Tax areas, groups, jurisdictions and details. https://learn.microsoft.com/en-us/dynamics365/business-central/localfunctionality/canada/ca-sales-tax
What option will be the best to configure the Tax calculation to be able to report accurately to the Tax Authorities. Additionally, if option B is setup, would we be able to use the Tax Statement and calculate and post-tax settlement accurately?
Business Central Canada version.
Thanks.
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