I love this software so please tell me there is a way to do this. I don't want to go back to QuickBooks.
I know that the taxes are entered separately when I make an expense slip, but when I run a report for expenses, it shows the total amount including taxes. It seems to me the info should be there to be show separately if necessary?
Please say yes! Everything else is so perfect, but I absolutely have to pay GST & PST every quarter based on what I collected minus what I spent so I need to know!
I'm also trying to figure out how to get a report on separate taxes (actually I'm looking at the trial version and I'm a bit surprised that it isn't built-in).
I tried my hand at creating a new report template but all I can get is the "consolidated tax" for each project and not a breakdown of which tax it is, in my case Canadian GST and PST.
I don't understand what you're asking. When I run the built in report "Taxes Collected" found under "Invoice" in the Reports window. I choose the time frame and the report generates two totals. One for the GST and one for the PST (I'm a fellow Canadian as well). Isn't that good enough? I use this all the time to pay my quarterly PST and to pay the GST at years end.
AppleFan was asking about expense slips. If you spend taxes on your job expenses, you need to be able to collect those amounts in a report for claiming GST Refundable (aka "Input Tax Credits").
See line 106 on your GST/HST Return, for example. How do you get that from Billings?
I guess I do it the easy way. All my expense receipts accumulated throughout the year are placed in a folder and given to my accountant. I let him figure it all out.
I'll see if I can fiddle around with the reports and come up with something.
