In article <b39c66f5-f642-4c44-96a6-
>,
says...
>
> On Oct 13, 7:08*pm, Dave Doe <h...@work.ok> wrote:
> > In article <ef78bad3-a5a4-4557-93b2-2effbeb978a3
> > @m35g2000prn.googlegroups.com>, therealbo...@yahoo.com says...
> >
> >
> >
> > > Hi guys, does anyone here use Quickbooks? I have 09/10 installed and
> > > the instructions to change or add a new do not work. No matter how
> > > many times I set a new GST rate of 15% QB only applies a 12.5% tax
> > > rate on my items.
> >
> > Should work, even on *really old* QB's. *You need to make a new tax rate
> > (I assume you've done that OK). *But you also need to make new "items" -
> > eg if you had an item called SERVICE, you need to make a new one eg
> > "SERVICES", and set that up with the new tax code. All *your existing
> > items you invoice out need to be "remade" - the new ones using the new
> > tax rate. *That way, you can still produce invoices prior to Oct 1 (and
> > I don't know that you can change the existing items anyway (but you'd
> > need to check that yourself).
> >
> > > Quicken tells me I have to spend $250 for an update to the 2010/11
> > > version as the patch they have developed does not work on any earlier
> > > versions.
> >
> > The update won't fix your problem, IMO. *It will simply update it's GST
> > reporting - ???
> >
> > --
> > Duncan.
>
> Thanks Duncan but no go.
> I created a new service at the nett rate of $20. Gave it the new GST
> rate of 15% and it still only makes the gross rate $22.50.
> Weird.
> Jo
Weird alright - works for me.
--
Duncan.