This question might have already been answered, but I can’t find it while searching. How do I adjust sales tax when it is only charged to me on a part of the purchase. For example, GST in Canada is 5%. When I get my utility bill, let’s say the total bill is for $100. One would expect a $5 sales tax under normal circumstances, for a total payable of $105. But some of the services provided are tax exempt. so that sales tax charged might only be $3, for example, for a total payable of $103. This also happens when I buy food, meals, etc.
I can’t, as yet, find any way to adjust the sales tax amount, as I could in QuickBooks - there is only the automatic calculation based on the 5% GST. I can’t have different codes for every eventuality - there’s far too many variables.
Is there any way to have a variable sales tax code in the system, where I manually enter the dollar value of the sales tax? Or is there some way to record when I pay the bill. For example, in my above example, record a payment of $103, and then somehow account for the $2 I didn’t actually pay?
As noted, sorry if this is already covered somewhere, but I haven’t found search terms that show me an answer as yet