QM12 Quick Method Tool
This method of accounting is perfect for small businesses that have very little expenses! You bill the GST/HST to your customers and give a percentage of this tax back to the government. Our QM12 calculates the total amount to remit to the government based on your province of residence and the rate applicable to your province.
All you have to do is enter your revenue, taxes included.
For Saskatchewan, Manitoba and British Columbia:
- It is either the rate for businesses that buy products for resale, or the rate for businesses that offer services (for these three provinces, we only have a workbook for businesses offering services).
To purchase a copy of the QM12 Quick Method Tool, follow the link below, it will take you to our online training site: