How do I set up compound taxes for my invoicing?

How do I set up compound taxes for my invoicing?

In the Invoicing tab, you can customize your fees and set up your taxes. You'll also find an option to enable or disable compound tax.

What is compound tax?
Compound tax combines the provincial sales tax (PST) and the federal goods and services tax (GST) into a single harmonized sales tax (HST). This simplifies tax management by applying one tax rate, but it's only applicable in certain Canadian provinces, excluding Quebec.

For practitioners in Quebec:
It's important not to enable compound taxes if you practise in Quebec. Quebec's tax system requires that the PST and GST be applied separately. Enabling this option by mistake could lead to incorrect tax calculations.

Be sure to configure this option correctly based on your province to ensure your invoices are accurate.


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