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Do the PST return (Saskatchewan)
Saskatchewan’s return. The Tax page works it out from the books. It is filed on the province’s own dates.
In the books, the Wizard walks this task beside you and ticks each step from the books as it lands.
Read the return the app has worked out
Sales have been adding to this page all period, each as it was recorded. Read the figure as it stands: the provincial tax charged on the society’s sales in the province. PST is simpler than GST in one way.
The tax the society pays on its own costs is never claimed back; it stands in the cost, and no credit rides on this return. What stands here is what the period owes the province. From the moment it is charged, tax collected is the province’s money.
It is never the society’s revenue.
(Done on the Tax page.)
Send the return to the province
Filing happens with the province, not in this app. In Saskatchewan it is done in SETS — Saskatchewan eTax Services. Sign in, open the PST return for the period and enter the one figure — the tax the period collected, as the Tax page states it.
How often the society files — monthly, quarterly or once a year — is set by the amount of PST it collects, on the schedule the Ministry of Finance assigns. SETS answers with a confirmation, and the next step records it. This step is done in the world.
(Done on the by hand page.)
Record the filing in the books
The record is made on the Governance page, of kind Filing. Name the return and its period. Give the day it was filed and the confirmation SETS gave, in the record’s confirmation field. The settlement, recorded next, is the money.
This is the record that proves the return went in; the Tax page shows it in the year’s filings.
(Done on the Governance page.)
Record paying the province, or the refund arriving
A period that owes is paid to the province like any other bill. Record the payment when it leaves. It belongs against the PST this return charged, not against a cost category. If the province sends money back, record it when it lands, as money in.
The payment goes against this return, the way the federal settlement goes against its own.
(Done on the Pay money / Receive money page.)
See the provincial balance stand clear
Once the payment lands, the balance of provincial tax collected should stand at what the society owes today. It is usually nothing at all, until the next period starts adding up. Read it here. A balance that refuses to clear points at a wrong figure in the period.
(Done on the Tax page.)