Tracking Non-recoverable Sales Taxes
BennyLaw
Member Posts: 3
I am new to Wave and I use it for a church in Canada. We pay HST on all purchases but don't charge HST since we don't sell anything. Our source of income is donations. I need to track the amount of HST paid on our expenses in order to apply for HST rebates from the government, and I need to include the tax amount in expense reports. I can't set up the HST as a recoverable tax because doing that will exclude it from the expense amounts on reports, but if I set it up as non-recoverable, it doesn't show up on any report that I have found. Is there a way to track non-recoverable taxes paid? If there isn't, what is the use of non-recoverable taxes? Any help will be much appreciated.
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