Gasoline HST

Need to know how to enter gas receipts and HST. As HST is included in gas price but it is never 13 % of amount paid because of other factors included in the gas price. Thanks.

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  • I'm not in an HST province, are you saying that 100.00 of gas is not
    88.50 gas expense
    11.50 hst

    does the gas receipt show the hst amount ?

    if so, you may need a 2 line entry - both gas expense, one with hst, one no-tax

    so if the receipt is 100.00 and the hst is 11.00, and assuming you're using an hst tax code
    line one amount = 11 / .13 = 84.62, hst tax code, tax = 84.62 * .13 = 11.00
    line two amount = 100.00 - 84.62 - 11.00 = 4.38, not tax code
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  • I'm not in an HST province, are you saying that 100.00 of gas is not
    88.50 gas expense
    11.50 hst

    does the gas receipt show the hst amount ?

    if so, you may need a 2 line entry - both gas expense, one with hst, one no-tax

    so if the receipt is 100.00 and the hst is 11.00, and assuming you're using an hst tax code
    line one amount = 11 / .13 = 84.62, hst tax code, tax = 84.62 * .13 = 11.00
    line two amount = 100.00 - 84.62 - 11.00 = 4.38, not tax code
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