Quick Method Workbook
This method of accounting is perfect for all companies that have very little expenses! You bill the tax to your customers and give some of this tax back to the government. Our Excel workbook 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 companies that buy products for resale, or the rate for companies that offer services (for these three provinces, we only have a workbook for companies offering services).