You’re offline. This is a read only version of the page.
3,494
Hi:
A Canadian Business Central organization has, in its chart of accounts, G/L Account 24300 for Canadian HST Collected and 24400 for Provincial Sales Tax.
So, in Business Central's "Tax Setup" window, would 24300 act as the Sales account and 24400 as the Purchases account?
Thanks!
John
John,
GST, HST, PST, and QST (the Sales Tax Types for Canada) are setup by the different Tax Jurisdictions and you could point them to specific GL Accounts. It is not necessary given the Sales Tax reporting that can be printed to reflect the liability to be paid. And to answer the question about the Sales or Purchases, the GL Account is the same for both. You will need to define, as in my example, a Jurisdiction for GST, HST, PST, and QST.
Hope this helps.
Thanks,
Steve
#1
Sohail Ahmed
2,655
#2
Mansi Soni
1,574
#3
YUN ZHU
1,453
Super User 2025 Season 1
Share
Report
All responses (
Answers (
