We are in Quebec Canada and on purchases we pay 5% GST tax and then compunded on that is PST which was raised in 2012 from 8.5% to 9.5%. I created a new tax detail and tax schedule for 2012 to reflect the increase in PST but whenever we create a new purchase the PST is not showing as per the schedule. Also when the PST is then added manually it is not being compunded on top of the taxable tax the GST. How could I fix this and in general could I have just adjusted my old tax detail and schedule to add the 1% as that way does work but I was worried how this would affect historical transactions.
Thanks in advance for any insight.
Regards
Lorne
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