How to Setup Invoices Tax code for the Northwest Territories, Canada?

Updated on October 17, 2016 06:06AM by Admin

Users in the Northwest territories, Canada can easily set up their online invoices to charge for the proper taxes.  In Northwest territories, businesses are required to charge GST taxes on all products/services they sell. You can use our single rate tax codes calculator to make these tax rates available for use when creating invoices.

The tax code followed in the Northwest territories, Canada is:
The Goods and Sales tax (GST), is a value-added tax and is composed at a rate of 5%

Reference : Goods and services tax(GST) rates in the Northwest Territories, Canada is referred fromWikipedia(Sales Tax, Canada)

Steps to Configure Taxes on Invoices App Settings

  1. Log in and Invoices App from your universal navigation menu bar.
  2. Click on “More” icon at the app header bar and click on "Settings".
    invoice settings
  3. Select “Taxes” from the left navigation panel.
    taxes settings
  4. Select “Single rate taxes” on taxation and click on “Create” button.
    single rate tax
  5. Create single rate tax pop-up emerges.
  6. To which provide tax code, tax rate type and tax rate(Percentage or amount)
    single rate taxes popup
  7. In tax rate type, there are two options:
  8. Click “create” to get done with your single tax formation. Which indicates with a tax code created pop-up.
    tax created
  9. In capturing tax codes, two options are provided:
  10. After selecting capture tax code, it auto updates itself.Thereafter for every invoice created will be based on the tax code level captured.
  11. You can enable or disable a tax code by clicking the highlighted symbol under the actions column.
    single tag action
  12. Now, we proceed with creating a new invoice with the above settings.
  13. You can either Email an invoice with PDF attachment or manually print invoice to be provided to your customer.
  14. This is how a customer views Invoice tax code items subtotals in PDF format.
    pdf template

Follow this link to know more about Invoices tax code followed in various countries