Quickbooks consulting, HST, quickbooks services by Quickbooks ProAdvisor in Toronto, Scarborough, East York, Ontario, Canada

HST Resources

HST is a sales tax that affects all goods and services bought/sold in Ontario.  The articles below offer answers to some common questions about HST, as well as Quickbooks handling of HST.

Are you really double taxing?  This article looks at goods that you buy with the intent to re-sell.  You pay HST when you buy, then charge HST when you sell, so it looks like items are double taxed

Do you lose money from taxes? This article looks at various situations where you pay tax on an item when you buy from a supplier, and sell to a jurisdiction where you don't collect taxes (and vice versa)

Unassigned Sales Tax Amounts and How to Fix Them  This is a long article that looks at some of the causes of Unassigned Sales Tax Amounts, and how you can fix them and start using the File Sales Tax window again