HST adjustments

Prerequisite: You must complete HST mapping first.

 

    1. Go to Administration > Web Admin > HST Adjustments.

    2. In the HST Transaction Adjustment Setup section, from the dropdown list, select an Offsetting debit account for absorbed HST tax increase.

    3. Enter a threshold above which customers are charged for HST tax increases. For example, to charge customers for increases greater than $5, enter 5 in the Charge customer when increase exceeds field. To not charge customers for increases, leave at 0.

    4. If there are A/R amounts created, use the calendar button to specify the Due Date of new payment plans created.

    5. In the Upgrade Processing Selection area, do one of the following:

    6. Click Run Upgrade. When the processing finishes, a message appears in the following format: "FINISHED! Processed x transactions marked as processed on <date>".

    7. If there are outstanding transactions (i.e. you only processed some transactions), click Reset and Process again to reset the transaction counter.

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