tax_areas_-_required_setup
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tax_areas_-_required_setup [2007/12/06 13:42 (17 years ago)] – created john | tax_areas_-_required_setup [2011/06/02 09:45 (13 years ago)] (current) – darian | ||
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This can be demonstrated as follows: | This can be demonstrated as follows: | ||
- | In Canada, there are three forms of Tax. Provincal Sales Tax (PST), Goods and Services Tax (GST) and Hormonized | + | In Canada, there are three forms of Tax. Provincal Sales Tax (PST), Goods and Services Tax (GST) and Harmonized |
Tax 1 is typically configured as PST | Tax 1 is typically configured as PST | ||
+ | |||
Tax 2 is typically configured as GST | Tax 2 is typically configured as GST | ||
+ | |||
Tax 3 is typically configured as HST | Tax 3 is typically configured as HST | ||
- | There are a total of 10 Provinces and 2 Territories in Canada | + | |
+ | There are a total of 10 Provinces and 2 Territories in Canada: | ||
AB - Alberta | AB - Alberta | ||
+ | |||
BC - British Columbia | BC - British Columbia | ||
+ | |||
MB - Manitoba | MB - Manitoba | ||
+ | |||
NB - New Brunswick | NB - New Brunswick | ||
+ | |||
NL - Newfoundland/ | NL - Newfoundland/ | ||
+ | |||
NS - Nova Scotia | NS - Nova Scotia | ||
+ | |||
NU - Nunavut | NU - Nunavut | ||
+ | |||
ON - Ontario | ON - Ontario | ||
+ | |||
PE - Prince Edward Island | PE - Prince Edward Island | ||
+ | |||
QC - Quebec | QC - Quebec | ||
+ | |||
SK - Saskatchewan | SK - Saskatchewan | ||
+ | |||
YT - Yukon | YT - Yukon | ||
+ | |||
The Taxes applicable in each of these areas is different either by type of tax or by the rate that is charged. | The Taxes applicable in each of these areas is different either by type of tax or by the rate that is charged. | ||
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Below are three pictures of the complete Tax Area setup for all 12 Tax Areas: | Below are three pictures of the complete Tax Area setup for all 12 Tax Areas: | ||
- | Tax 1 - PST | ||
- | {{wiki: | ||
- | |||
- | Tax 2 - GST | ||
- | {{wiki: | ||
- | |||
- | Tax 3 - HST | ||
- | {{wiki: | ||
+ | **Tax 1 - PST** | ||
+ | {{wiki: | ||
+ | **Tax 2 - GST** | ||
+ | {{wiki: | ||
+ | **Tax 3 - HST** | ||
+ | {{wiki: | ||
+ | In order for both the Tax Calculations and the Tax Reports to function correctly, all of these entries are required. | ||
tax_areas_-_required_setup.1196977329.txt.gz · Last modified: 2007/12/06 13:42 (17 years ago) by john