I use QB Pro 5 and bought something from someone in the US, for which FedEx charged me GST and PST on the "Deemed value for tax," as well as GST on their $7 ROD (remit on delivery?) charge. What is the appropriate way to enter these taxes, given that I paid the seller a different amount before it was shipped, without taxes?
The FedEx receipt looks like this:
Value for Taxes: $70.33
GST on $70.33 @ 7%: 4.92 PST on $70.33 @ 8%: 5.63 ROD Fee: 7.00 GST on $7 ROD Fee: .49 Total paid to FedEx: 18.04
How should the FedEx payment transaction reflect credits for the GST and PST paid on the item itself? I can just enter ($4.92 + $0.49) in the GST field but I can't do that with the PST. I get there is no PST- eligible line item, or words to that effect. In any event, that doesn't seem an appropriate way to do it.
Any suggestions?
Larry