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Do the QST return
The province’s own sales tax return: Revenu Québec runs GST and QST together, on the same return and periods.
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
Every sale in the period has gone onto this page as it was recorded. Read the figure as it stands: the QST charged on the society’s sales in Quebec, at 9.975%.
The tax the society pays on its own costs comes back as input tax refunds where the costs serve its taxable sales. Where the costs serve exempt activities, the public service bodies’ rebate stands in its place. The rebate is half, for a charity or a qualifying non-profit organization.
Tax collected belongs to the province from the moment it is charged. It never stands as the society’s revenue.
(Done on the Tax page.)
Send the return to Revenu Québec
Filing happens with Revenu Québec, not in this app. Revenu Québec administers the GST and the QST in Quebec together, through Revenu Québec: the QST is reported on the same return as the GST, for the same period, in My Account for businesses.
How often the society files — monthly, quarterly or once a year — follows the filing frequency Revenu Québec assigns it. A monthly or quarterly return is due within one month after its period ends. An annual return is due within three months.
Revenu Québec 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
On the Governance page, add a record of kind Filing. Name the return and its period. Give the day and the confirmation Revenu Québec gave, in the confirmation field. The settlement, recorded next, is the money.
The record is the proof the return went in. On the Tax page it stands in the year’s filings.
(Done on the Governance page.)
Record paying the province, or the refund arriving
If the period owes, the society pays Revenu Québec like any other bill. Record the payment when it leaves. It belongs against the QST this return charged, not against a cost category. If Revenu Québec sends money back, record it when it lands, as money in.
Record the payment against this return — as the federal settlement is recorded against its own.
(Done on the Pay money / Receive money page.)
See the provincial balance stand clear
After paying, the balance of provincial tax collected should stand at what the society still owes. That is usually nothing, until the next period starts adding up. Read it here. A balance that will not clear is a wrong figure somewhere in the period.
(Done on the Tax page.)