QuickBooks Pro 2006--Retail Sales Tax Reporting Period (Canada)

Filing a semiannual PST return: Some businesses file provincial sales tax returns semiannually instead of annually or quarterly, which are more usual. If you file semiannually, select a filing period of either Annual or Quarterly in the PST/QST preferences. Then, to create your sales tax return, follow this procedure: Create a PST return as you normally would (by selecting Sales Tax, then File Sales Tax from the Vendor menu). Select the "date through" in the appropriate box. This would be for a six month filing period. Place a checkmark in the Pay column next to the Provincial Sales Tax amount and confirm that the appropriate information for Payment Account, Payment Method and Payment Date are selected, then click Next. QuickBooks creates a PST return indicating the amount of the payment or refund. Note: although the amount is correct, the reporting period shown is taken from the preferences, not for the actual period for which you are paying. After verifying that the amounts on the form are correct, click Next.

Select either Print to print the report or Done to close it.

Cat

Hello,

Thank you very much--I really appreciate your help!

Jack