CANADIAN TAX SYSTEM

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CANADIAN TAX - METHOD 2

GST Tax:

7%

PST Tax:

8%

GST/PST Tax: Both 7% and 8% calculated as tax on tax (piggyback calculation) For the Canadian tax system of TAX on TAX:

Type [3], type [1], then press the [RA] key.

1.Program Tax 1 as 7%:

[1] + [TAX SHIFT] + [7000] + [AMT TEND/TOTAL]

2.Program Tax 2 as 8%:

[2]+ [TAX SHIFT] + [8000] + [AMT TEND/TOTAL]

3.Link Tax 1 (7% GST) to the desired Department key:

[001]+ [CHECK] + 0 + [DEPARTMENT KEY]

4.Link Tax 2 (8% PST) to the desired Department key:

[002]+ [CHECK] + 0 + [DEPARTMENT KEY]

5.Link both Tax 1 (GST) and Tax 2 (PST) to the desired Department key:

[005]+ [CHECK] + 0 + [DEPARTMENT KEY]

6.Program for tax on tax calculation (piggyback):

[5]+ [1] + [RA]

For customer assistance call 1-800-658-8788.

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www.abcoffice.com 1-800-658-8788