First time user of Quickbook 2009

Posted by MontrealSauna on April 1, 2009, 7:37 pm

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Hello, I just purchased QuickBook 2009 for the first time.

I have some questions that I would appreciate knowing:

1) First entry... I purchased some business card that cost me $99 + tax.
using my Credit Card.

I live in Quebec, Canada, and the total is the following:

Cards $99.00
TPS (5%) $4.95
TVQ (7.5%) $7.80 (7.5% of $99 + $4.95)
Total $111.75

I would like to enter these figures, but somehow I only have the 5% Federal
Tax but not the Quebec Provicial Tax ? I did find it somewhere but it listed
at 8% not 7.5%.

How can I enter the exact number as I have on my Bill ?

Thanking you in advance

Denis Bernier
www.MontrealSauna.ca

Posted by Laura on April 1, 2009, 8:24 pm

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> Hello, I just purchased QuickBook 2009 for the first time.

> I have some questions that I would appreciate knowing:

> 1) First entry... I purchased some business card that cost me $99 + tax.

> using my Credit Card.

> I live in Quebec, Canada, and the total is the following:

> Cards $99.00

> TPS (5%) $4.95

> TVQ (7.5%) $7.80 (7.5% of $99 + $4.95)

> Total $111.75

> I would like to enter these figures, but somehow I only have the 5%

> Federal Tax but not the Quebec Provicial Tax ? I did find it somewhere but

> it listed at 8% not 7.5%.

> How can I enter the exact number as I have on my Bill ?

> Thanking you in advance

> Denis Bernier

> www.MontrealSauna.ca

Are you required to track and/or report sales taxes paid on purchases? The
US version of QuickBooks is designed to track,report and pay sales taxes
charged to customers.

If there is no reporting need to track, etc your taxes paid then just enter
the $111.75 as your business card purchase. No itemized detail might be
necessary.