I am in Ontario, where credit is not given for PST paid when purchasing for own use. I am using PRO 2006.
When I open the "File Sales Tax" window (Vendors - Sales Tax - File Sales Tax) Quickbooks has deducted the PST paid on all purchases from my liability. As a result, although I owe PST, Quickbooks says I should be getting a refund.
Is there some way I can stop or change this?
Both PST and GST reporting functions in Quickbooks have always been awkward and hard to work with and understand (since 2002 PRO). I don't understand why there might be a problem with getting the software to calculate sales tax liability for a period the same way it calculates it for the balance sheet?
The only accurate way I have ever found to determine sales tax liability in Quickbooks (either GST or PST) is by referring to the register.
Is the reporting function really as I see it, or am I doing something wrong?
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