Description
Additional Notes
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As of July 1, 2010, the HST harmonilzed Sales tax becomes effective.
What is required in system five to ensure the transition to the new tax rate.
What is required in system five to ensure the transition to the new tax rate.
Additional Notes
Setup along with demonstrating four area's of importance are coverd in this tutorial:
The setup will be to the Tax Tables, indicate the applicable date, as well as the new rate to charge.
Additional information is included on the following topics:
1. AS OF JULY 1, 2010 - HST OF 12% IS TO BE CHARGED. THIS IS A COMBINATION OF THE PRIOR PST AND GST COMBINED.
2. OPEN WORK ORDERS AT JULY 1, 2010 THAT WILL BE CLOSED AFTER JULY 1, 2010 WILL REQUIRE HST BE CHARGED.
3. REFUNDS GRANTED AFTER JULY 1, 2010 FOR PRODUCT SOLD "BEFORE" JULY 1, 2010 - PST AND GST ORIGINALLY CHARGED IS TO BE REFUNDED
4. SOME PRODUCT MAY BE EXEMPT FROM THE PST PORTION OF THE HST AND NEED ONLY HAVE GST CHARGED
The setup will be to the Tax Tables, indicate the applicable date, as well as the new rate to charge.
Additional information is included on the following topics:
1. AS OF JULY 1, 2010 - HST OF 12% IS TO BE CHARGED. THIS IS A COMBINATION OF THE PRIOR PST AND GST COMBINED.
2. OPEN WORK ORDERS AT JULY 1, 2010 THAT WILL BE CLOSED AFTER JULY 1, 2010 WILL REQUIRE HST BE CHARGED.
3. REFUNDS GRANTED AFTER JULY 1, 2010 FOR PRODUCT SOLD "BEFORE" JULY 1, 2010 - PST AND GST ORIGINALLY CHARGED IS TO BE REFUNDED
4. SOME PRODUCT MAY BE EXEMPT FROM THE PST PORTION OF THE HST AND NEED ONLY HAVE GST CHARGED