Accounting Talk

Guest · Posted: Tue Nov 20, 2007 10:24 pm Post subject: GST on Vendor invoices

Hello,

I am a new PT users in Canada. I am having a problem recording GST on
Vendor invoices. (Goods and Services Tax is similar to VAT).

I have searched various newsgroups for help with this, but haven't
found a solution as yet. Hoping someone has come across this and can
help.

When recording Vendor invoices the only way we have found to record
the GST tax is as a seperate line item (as if it were another item
ordered on the invoice). This is fine I suppose; however, when
entering a large volume of invoices it can really slow you down.
Other software I have used in the past (such as Simply Accounting) can
be configured to automatically calculate the GST (and other sales
taxes) based on the sub-total.

Has anyone discovered a way to do this with PeachTree?

Thanks in Advance,
Kyle

Ted · Guest

Not yet.

It's just one of the deficiencies in using Peachtree in Canada.

But, you can put in a suggest to Peachtree to add this feature and maybe it will show up one day as a useful accounting feature.

_________________________________

On Tue, 20 Nov 2007 14:24:31 -0800 (PST), ksnibbler@gmail.com wrote:

->Hello,
->
->I am a new PT users in Canada. I am having a problem recording GST on
->Vendor invoices. (Goods and Services Tax is similar to VAT).
->
->I have searched various newsgroups for help with this, but haven't
->found a solution as yet. Hoping someone has come across this and can
->help.
->
->When recording Vendor invoices the only way we have found to record
->the GST tax is as a seperate line item (as if it were another item
->ordered on the invoice). This is fine I suppose; however, when
->entering a large volume of invoices it can really slow you down.
->Other software I have used in the past (such as Simply Accounting) can
->be configured to automatically calculate the GST (and other sales
->taxes) based on the sub-total.
->
->Has anyone discovered a way to do this with PeachTree?
->
->Thanks in Advance,
->Kyle

When replying, please remove {_Spam_Me_Not_} from the email address.

Ted · Guest

Not yet.

It's just one of the deficiencies in using Peachtree in Canada.

But, you can put in a suggest to Peachtree to add this feature and maybe it will show up one day as a useful accounting feature.

_________________________________

On Tue, 20 Nov 2007 14:24:31 -0800 (PST), ksnibbler@gmail.com wrote:

->Hello,
->
->I am a new PT users in Canada. I am having a problem recording GST on
->Vendor invoices. (Goods and Services Tax is similar to VAT).
->
->I have searched various newsgroups for help with this, but haven't
->found a solution as yet. Hoping someone has come across this and can
->help.
->
->When recording Vendor invoices the only way we have found to record
->the GST tax is as a seperate line item (as if it were another item
->ordered on the invoice). This is fine I suppose; however, when
->entering a large volume of invoices it can really slow you down.
->Other software I have used in the past (such as Simply Accounting) can
->be configured to automatically calculate the GST (and other sales
->taxes) based on the sub-total.
->
->Has anyone discovered a way to do this with PeachTree?
->
->Thanks in Advance,
->Kyle

When replying, please remove {_Spam_Me_Not_} from the email address.