When publishing documents over to QBO under Saskatchewan tax rates, a few changes will need to be made to customize QBO tax rates. While Hubdoc is able to pull over the Saskatchewan tax rate from QBO, the "Effective Date" from a recent tax rate change may cause Hubdoc to display an incorrect PST amount. To avoid this, we suggest creating a custom tax rate.
To create a custom tax rate in QBO:
1. Open QBO, and navigate to the the 'Taxes' tab. Press 'Add Tax', and select 'Group Rate'.
In the custom tax window, fill in the required information (feel free to use the example Group Name and description in the screenshot). By default, QBO requires a minimum of 2 tax rates for a group rate. Select the relevant GST and PST (SK) rates you would like to use and your desired configurations.
2. Click 'Save'. The group rate will be the sum of all the tax rates you have included and will now be available as a Tax Rate in Hubdoc.
Once you have configured customized tax rate settings in QBO, you will need to edit the tax settings in Hubdoc
3. To set up your custom Saskatchewan tax rate, head to the 'Destinations' tab in Hubdoc under the 'Accounts' page and adjust the default tax rate in the 'Publish Tax Data' to the group rate you have just created.
Please note that like all newly established configurations in Hubdoc, your Saskatchewan tax settings will be enabled on a going-forward basis.
When publishing documents to QBO, you will see your new settings entered into the tax rate field. If needed, this tax can be adjusted to reflect how you would like the transaction to appear in QBO.