How to Setup Invoices Tax code for the Province of British Columbia?

In British Columbia, Goods and Service Tax (GST) + Provisional Sales Tax (PST) tax is levied.  GST+PST is 12 percent, which is a combination of 5 percent federal and 7 percent provincial taxes.

Steps to Setup Tax Rates for Columbia

1. Log in and access Invoices App from your universal navigation menu bar.
2. Click on "More" icon and select "Settings" at the app header bar.
   
3. Select "Taxes" from the left navigation panel.
   
4. Select “Multi Rate Taxes” and click on “Create” button.
    
5. Create new tax or click "Add" button to add existing tax.
   
6. Provide the tax code, tax rate type and  percentage
7. In Tax rate type, there are two options:
   
   • Flat : It’s an overall combination of the taxation levied on a product or service
   • Stacked: It’s the tax levied on a separate product alone, when there is a combination of two or more produc
   
8. Select any one from above and click “Create” to complete your tax setup.