How to enter

Feb 17, 2007 0 Replies

hi I have an accounting question, on how to enter an item in simply accounting. i had purchased a phone for $350 + gst + pst which was entered in Simply accounting, and got reimbursed by govn't for taxes paid. Now I sold the phone for $200. So how do I enter this transaction in simply accounting? Must i account for taxes? TIA



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