Can you help

In AP when we code invoices we break out the gst. We were receiving back 50% of the gst we paid on invoices (registered chairty). Now we will receive 50% of the gst portion of the hst and 57% of the pst portion

We will have to break the hst down, calulate the gst portion the pst portion then the 50% fo the gst and then the 57% of the pst and the balance goes to the code (eg - office supplies)gst and pst have separate codes (for the 50% and the 57%) this is alot of manual calculations

Is there a way to set the system up so that we input the value of the invoice prior to the hst, then input the hst and it breaks down the gst and pst portion and codes the balance to the orginal input code

Hi Benita,

Here is a link to a tech tip on our website for defining AP distributions for HST and breaking out the HST and PST portions, including recoverable portions. The example in this PDF uses the same percentages as you require.

In addition, here is a link to a tool to calculate tax included distribution rates based on tax rates and recoverable percentages. It can be accessed from the tech tip for changing tax rates.