Templates Accounting Business with GST/HST Tax Canada
Free Cash manager for with GST/HST Management | Canada
In this article
Free Cash manager for with GST/HST Management | Canada
Free Cash manager for with GST/HST Management | Canada
Open in Banana WebApp
Run Banana Accounting Plus on your browser without any installation. Customize the template, enter the transactions and save the file on your computer.
Open template in WebAppTemplate preview
Sole proprietorship
Basic Currency: CAD
Cash Manager with VAT/Sales tax
| Group | Account | Description | Sum In |
|---|---|---|---|
| Cash | Cash and Bank assets | ||
| Group | Category | Description | Sum In |
|---|---|---|---|
| CASH FLOW | |||
| INCOME | 4 | ||
| Sales | Cash sales | 4 | |
| Miscellaneous income | Miscellaneous cash receipts | 4 | |
| Interest income | Interest income | 4 | |
| Tax refund | Income tax refund | 4 | |
| 4 | TOTAL INCOME | 0 | |
| EXPENSES | 3 | ||
| Product costs | Direct product/service costs | 3 | |
| Salaries | Salaries direct | 3 | |
| Payroll taxes | Payroll taxes and benefits direct | 3 | |
| Supplies | Supplies | 3 | |
| Advertising | Advertising and promotion | 3 | |
| Automobile | Automobile/Transportation | 3 | |
| Bank charges | Bank service charges | 3 | |
| Licenses | Business licenses and permits | 3 | |
| Charity | Charitable contributions | 3 | |
| Computer | Computer and internet | 3 | |
| Education | Continuing education | 3 | |
| Subscriptions | Dues and subscriptions | 3 | |
| Insurance | Insurance | 3 | |
| Meals | Meals and entertainment | 3 | |
| Merchant fees | Merchant account fees | 3 | |
| Office supplies | Office supplies | 3 | |
| Postage | Postage and delivery | 3 | |
| Printing | Printing and reproduction | 3 | |
| Legal services | Professional and Legal services | 3 | |
| Rent | Rental payments | 3 | |
| Subcontractor | Subcontractor | 3 | |
| Telephone | Telephone | 3 | |
| Travel | Travel | 3 | |
| Utilities | Utilities | 3 | |
| Website | Website development | 3 | |
| Other costs | Other costs | 3 | |
| Interest expense | Interest expense | 3 | |
| Tax expense | Income tax expense | 3 | |
| ST | Sales tax | 3 | |
| 3 | TOTAL EXPENSES | 0 | |
| 0 | OPERATING RESULT | 00 | |
| CAPITAL IN | 6 | ||
| Loan injections | Loan injections | 6 | |
| Owners injections | Cash injections by owners | 6 | |
| Sales fixed assets | Sales of fixed assets | 6 | |
| 6 | TOTAL CAPITAL IN | 5-6 | |
| CAPITAL OUT | 5 | ||
| Loan reimbursements | Loan reimbursements | 5 | |
| Owners disbursements | Cash disbursements to owners | 5 | |
| Purchases fixed assets | Purchases of fixed assets | 5 | |
| 5 | TOTAL CAPITAL OUT | 5-6 | |
| 5-6 | CHANGE IN CAPITAL | 00 | |
| 00 | NET CASH CHANGE - Inflow(+) Outflow(-) | ||
| VAT Code | Description | %VAT |
|---|---|---|
| Last update: Jan 14, 2016 | ||
| HST/GST Charged | ||
| 7 | HST charged on sales (included) | 13.00 |
| 8 | GST charged on sales (included) | 5.00 |
| 17 | HST charged on sales (tax entry only) | |
| 18 | GST charged on sales (tax entry only) | |
| Total HST/GST charged on Sales | ||
| Total HST/GST Charged | ||
| HST Paid | ||
| 1 | HST paid on purchases (included) | 13.00 |
| 2 | HST paid on meals (included) | 6.50 |
| 3 | GST paid on purchases (included) | 5.00 |
| 4 | GST paid on meals (included) | 2.50 |
| 11 | HST paid on purchases (tax entry only) | |
| 12 | GST paid on purchases (tax entry only) | |
| Total HST/GST paid on purchases | ||
| Total HST/GST (payable) or recoverable | ||
| Final total for control | ||
| GST & QST Charged | ||
| 9 | GST & QST charged on sales (included) | 14.98 |
| 19 | GST & QST charged on sales (tax entry only) | |
| Total GST/QST charged on sales | ||
| Total GST/QST Charged | ||
| GST & QST Paid | ||
| 5 | GST & QST paid on purchases (included) | 14.98 |
| 6 | GST & QST paid on meals (included) | 7.49 |
| 15 | GST & QST paid on purchases (tax entry only) | |
| Total GST & QST paid on purchases | ||
| Total GST & QST (payable) or recoverable | ||
| Final total for control | ||
Sole Proprietorship with GST/HST Management | Canada | Incomes and Expenses Accounting
In this article
Sole Proprietorship with GST/HST Management | Canada | Incomes and Expenses Accounting
Sole Proprietorship with GST/HST Management | Canada | Incomes and Expenses Accounting
Open in Banana WebApp
Run Banana Accounting Plus on your browser without any installation. Customize the template, enter the transactions and save the file on your computer.
Open template in WebAppTemplate preview
Sole proprietorship
Basic Currency: CAD
Income & Expense accounting with VAT/Sales tax
| Group | Account | Description | Sum In |
|---|---|---|---|
| Financial position | |||
| Assets | 1 | ||
| Cash | Cash | 1 | |
| Bank | Bank assets | 1 | |
| Visa | Credit card Visa | 1 | |
| 1 | Total Assets | 1-2 | |
| Liabilities | 2 | ||
| Suppliers | Suppliers | 2 | |
| Loan | Bank loan | 2 | |
| ST | Sales Tax owned | 2 | |
| STA | Sales Tax (automatic account) | 2 | |
| 2 | Total Liabilities | 1-2 | |
| 1-2 | Net Assets |
| Group | Category | Description | Sum In |
|---|---|---|---|
| CASH FLOW | |||
| INCOME | 4 | ||
| Sales | Cash sales | 4 | |
| Miscellaneous income | Miscellaneous cash receipts | 4 | |
| Interest income | Interest income | 4 | |
| Tax refund | Income tax refund | 4 | |
| 4 | TOTAL INCOME | 0 | |
| EXPENSES | 3 | ||
| Product costs | Direct product/service costs | 3 | |
| Salaries | Salaries direct | 3 | |
| Payroll taxes | Payroll taxes and benefits direct | 3 | |
| Supplies | Supplies | 3 | |
| Advertising | Advertising and promotion | 3 | |
| Automobile | Automobile/Transportation | 3 | |
| Bank charges | Bank service charges | 3 | |
| Licenses | Business licenses and permits | 3 | |
| Charity | Charitable contributions | 3 | |
| Computer | Computer and internet | 3 | |
| Education | Continuing education | 3 | |
| Subscriptions | Dues and subscriptions | 3 | |
| Insurance | Insurance | 3 | |
| Meals | Meals and entertainment | 3 | |
| Merchant fees | Merchant account fees | 3 | |
| Office supplies | Office supplies | 3 | |
| Postage | Postage and delivery | 3 | |
| Printing | Printing and reproduction | 3 | |
| Legal services | Professional and Legal services | 3 | |
| Rent | Rental payments | 3 | |
| Subcontractor | Subcontractor | 3 | |
| Telephone | Telephone | 3 | |
| Travel | Travel | 3 | |
| Utilities | Utilities | 3 | |
| Website | Website development | 3 | |
| Other costs | Other costs | 3 | |
| Interest expense | Interest expense | 3 | |
| Tax expense | Income tax expense | 3 | |
| 3 | TOTAL EXPENSES | 0 | |
| 0 | OPERATING RESULT | 00 | |
| CAPITAL IN | 6 | ||
| Loan injections | Loan injections | 6 | |
| Owners injections | Cash injections by owners | 6 | |
| Sales fixed assets | Sales of fixed assets | 6 | |
| 6 | TOTAL CAPITAL IN | 5-6 | |
| CAPITAL OUT | 5 | ||
| Loan reimbursements | Loan reimbursements | 5 | |
| Owners disbursements | Cash disbursements to owners | 5 | |
| Purchases fixed assets | Purchases of fixed assets | 5 | |
| 5 | TOTAL CAPITAL OUT | 5-6 | |
| 5-6 | CHANGE IN CAPITAL | 00 | |
| 00 | NET CASH CHANGE - Inflow(+) Outflow(-) | ||
| VAT Code | Description | %VAT |
|---|---|---|
| Last update: Jan 14, 2016 | ||
| HST/GST Charged | ||
| 7 | HST charged on sales (included) | 13.00 |
| 8 | GST charged on sales (included) | 5.00 |
| 17 | HST charged on sales (tax entry only) | |
| 18 | GST charged on sales (tax entry only) | |
| Total HST/GST charged on Sales | ||
| Total HST/GST Charged | ||
| HST Paid | ||
| 1 | HST paid on purchases (included) | 13.00 |
| 2 | HST paid on meals (included) | 6.50 |
| 3 | GST paid on purchases (included) | 5.00 |
| 4 | GST paid on meals (included) | 2.50 |
| 11 | HST paid on purchases (tax entry only) | |
| 12 | GST paid on purchases (tax entry only) | |
| Total HST/GST paid on purchases | ||
| Total HST/GST (payable) or recoverable | ||
| Final total for control | ||
| GST & QST Charged | ||
| 9 | GST & QST charged on sales (included) | 14.98 |
| 19 | GST & QST charged on sales (tax entry only) | |
| Total GST/QST charged on sales | ||
| Total GST/QST Charged | ||
| GST & QST Paid | ||
| 5 | GST & QST paid on purchases (included) | 14.98 |
| 6 | GST & QST paid on meals (included) | 7.49 |
| 15 | GST & QST paid on purchases (tax entry only) | |
| Total GST & QST paid on purchases | ||
| Total GST & QST (payable) or recoverable | ||
| Final total for control | ||
Double entry accounting for business in Canada with GST/HST | Account numbers
In this article
Double entry accounting for business in Canada with GST/HST | Account numbers
Double entry accounting for business in Canada with GST/HST | Account numbers
Professional Double entry template for financial planning and accounting in Canada, inclusive of GST/HST codes.
Open in Banana WebApp
Run Banana Accounting Plus on your browser without any installation. Customize the template, enter the transactions and save the file on your computer.
Open template in WebAppTemplate documentation
Description
These double entry accounting template has been prepared by a CPA operating in Ontario for their internal accounting and financial planning. Following is a quote why is using Banana Accounting next to their other accounting solution.
"Here are some benefits that I see for your software:
- Works well without requiring an internet connection – work can usually be completed faster without such delays.
- It allows very high customization.
- It allows easy and complete collaboration between an outside accountant and users.
- Time saving – accounting records can be partially entered and completed later by the same person or the accountant.
- The spreadsheet interface is easy to understand.
- Every transaction can be entered in one form, as opposed to not knowing in what screen in which to enter something.
- Data can be easily copied and pasted into a spreadsheet for further analysis.
- Setup of a new data file is relatively easy with the appropriate template.
- Your program can run on many platforms.
- Tasks can be automated using internal application programs.
- One can purchase an upgrade when it makes sense, as opposed to paying every day for the use of the software.
- The purchase and upgrade prices are affordable."
There is also:
Template preview
Starter Company Banana
Basic Currency: CAD
Double-entry with VAT/Sales tax
| Group | Account | Description | Sum In | Gr1 |
|---|---|---|---|---|
| BALANCE SHEET | ||||
| ASSETS | ||||
| 11200 | Bank Account | 12 | ||
| 11201 | Bank Account USD | 12 | ||
| 11202 | Bank Account EUR | 12 | ||
| 11300 | Petty Cash | 12 | ||
| 120 | Accounts Receivable | 12 | 1 | |
| 12200 | Allowance for Bad Debts | 12 | ||
| 12400 | Accounts Receivable - Other | 12 | ||
| 12500 | Due from Shareholder | 12 | ||
| 12600 | Due from Employees | 12 | ||
| 12700 | Investments | 12 | ||
| 12800 | Income Taxes Recoverable | 12 | ||
| 12850 | Sales Taxes Recoverable | 12 | ||
| 13000 | Inventory | 12 | ||
| 14000 | Prepaid Expenses | 12 | ||
| 14100 | Prepaid Deposits | 12 | ||
| 12 | Total Current Assets | 100 | ||
| 15110 | Furniture and Equipment | 15 | ||
| 15120 | Furn. & Equip. - Acc. Am. | 15 | ||
| 15210 | Computer Equipment | 15 | ||
| 15220 | Computer Equip. - Acc. Am. | 15 | ||
| 15310 | Vehicle | 15 | ||
| 15320 | Vehicle - Acc. Am. | 15 | ||
| 15 | Total Long Term Assets | 100 | ||
| 100 | TOTAL ASSETS | 00 | 1 | |
| LIABILITIES & EQUITY | ||||
| LIABILITIES | ||||
| 220 | Accounts Payable | 22 | 1 | |
| 22200 | Accrued Liabilities | 22 | ||
| 22300 | Accounts Payable - Other | 22 | ||
| 22400 | Visa payable | 22 | ||
| 23500 | HST Charged on Sales | 22 | ||
| 23510 | HST Paid on Purchases | 22 | ||
| 23520 | HST Instalments | 22 | ||
| 23530 | HST Payable | 22 | ||
| 23600 | PST Payable | 22 | ||
| 23700 | GST & QST Payable | 22 | ||
| 23800 | Accrued Payroll | 22 | ||
| 23900 | Source Deductions Payable | 22 | ||
| 24000 | Corporate Tax Payable - Fed. | 22 | ||
| 24100 | Corporate Tax Payable - Prov. | 22 | ||
| 25300 | Line of Credit | 22 | ||
| 25400 | Due to Shareholder | 22 | ||
| 25900 | Current Portion of Debt - ST | 22 | ||
| 22 | Total Current Liabilities | 2 | ||
| 26200 | Term Loan | 26 | ||
| 26300 | Current Portion of Debt - LT | 26 | ||
| 26 | Total Long Term Liabilities | 2 | ||
| 2 | Total Liabilities | 2-3 | ||
| EQUITY | ||||
| 31000 | Common Shares | 3 | ||
| 38000 | Retained Earnings | 3 | ||
| 3800 | (Profit)/Loss for the period | 3 | 1 | |
| 39000 | Dividends | 3 | ||
| 3 | Total Equity | 2-3 | ||
| 2-3 | TOTAL LIABILITIES & EQUITY | 00 | 1 | |
| INCOME STATEMENT | ||||
| REVENUE | ||||
| 41100 | Sales | 4 | ||
| 41900 | Other Income | 4 | ||
| 44000 | Exchange Gain/Loss | 4 | ||
| 4 | TOTAL REVENUE | L01 | 1 | |
| COST OF SALES | ||||
| 51100 | Inventory - Opening | 5 | ||
| 51200 | Purchases | 5 | ||
| 52000 | Freight | 5 | ||
| 52200 | Inventory - Closing | 5 | ||
| 52300 | Direct Materials | 5 | ||
| 52400 | Subcontractors | 5 | ||
| 55100 | Salaries and Wages | 5 | ||
| 55200 | CPP Expense | 5 | ||
| 55300 | EI Expense | 5 | ||
| 55400 | WSIB Expense | 5 | ||
| 55500 | Benefit Plan | 5 | ||
| 55600 | EHT Premiums | 5 | ||
| 5 | Total COST OF SALES | L01 | ||
| L01 | GROSS MARGIN | L02 | 1 | |
| EXPENSES | ||||
| 61050 | Accounting | 6 | ||
| 61100 | Advertising & Marketing | 6 | ||
| 61200 | Amortization | 6 | ||
| 61400 | Bad Debts | 6 | ||
| 61500 | Bank Charges & Interest | 6 | ||
| 61550 | Business Tax & Licences | 6 | ||
| 61600 | Courier | 6 | ||
| 61620 | Computing expenses | 6 | ||
| 61650 | Consulting Fees | 6 | ||
| 61700 | Dues & Subscriptions | 6 | ||
| 61800 | Education & Training | 6 | ||
| 61900 | Equipment Rental | 6 | ||
| 62000 | Insurance | 6 | ||
| 62100 | Interest on Debt | 6 | ||
| 62200 | Legal Fees | 6 | ||
| 62250 | Management Salaries | 6 | ||
| 62300 | Meals & Entertainment | 6 | ||
| 62400 | Miscellaneous | 6 | ||
| 62500 | Office Supplies | 6 | ||
| 62600 | Rent | 6 | ||
| 62700 | Repairs & Maintenance | 6 | ||
| 63100 | Supplies | 6 | ||
| 63200 | Telephone & Internet | 6 | ||
| 63300 | Travel & Parking | 6 | ||
| 63400 | Utilities | 6 | ||
| 63500 | Vehicle Expenses | 6 | ||
| 6 | Total EXPENSES | L02 | 1 | |
| L02 | Income Before Income Taxes | L03 | ||
| 90000 | Income Tax Provision | 9 | ||
| 9 | Total Income Taxes | L03 | 1 | |
| L03 | NET (INCOME)/LOSS | 3800 | 1 | |
| 00 | Total Debit/Credit Balance should be 0 | |||
| Customers/Debtors | ||||
| C0001 | Customer A | 120A | ||
| C0002 | Customer B | 120A | ||
| C0003 | Customer C | 120A | ||
| C0004 | Customer D | 120A | ||
| C0005 | Test client | 120A | ||
| C0006 | R J Sample Co | 120A | ||
| 120A | Total Customers | 120 | 1 | |
| Suppliers/Creditors | ||||
| S0001 | Supplier A | 220A | ||
| S0002 | Supplier B | 220A | ||
| S0003 | Supplier C | 220A | ||
| S0004 | Supplier D | 220A | ||
| S0005 | Supplier E | 220A | ||
| 220A | Total Suppliers | 220 | 1 | |
| Cost and profit centers | ||||
| Departments (CC1) | ||||
| .OTT | Department 1 | TDE | ||
| .TOR | Department 2 | TDE | ||
| TDE | Total Department Expenses | |||
| Projects (CC2) | ||||
| ,JOB1 | Project 1 | TPR | ||
| ,JOB2 | Project 2 | TPR | ||
| TPR | Total Projects | |||
| Other (CC3) | ||||
| ;OT-1 | Other 1 | TOT | ||
| ;OT-2 | Other 2 | TOT | ||
| TOT | Total Other | |||
| Segments | ||||
| : | Branch | TS1 | ||
| :01 | Ottawa | TS1 | ||
| :02 | Wancouver | TS1 | ||
| TS1 | Total Branch | |||
| :: | Sectors | TS2 | ||
| ::01 | Sales | TS2 | ||
| ::02 | Reasearch | TS2 | ||
| TS2 | Total sectors |
| VAT Code | Description | %VAT |
|---|---|---|
| Last update: Jan 14, 2016 | ||
| HST/GST Charged | ||
| 7 | HST charged on sales (included) | 13.00 |
| 8 | GST charged on sales (included) | 5.00 |
| 17 | HST charged on sales (tax entry only) | |
| 18 | GST charged on sales (tax entry only) | |
| Total HST/GST charged on Sales | ||
| Total HST/GST Charged | ||
| HST Paid | ||
| 1 | HST paid on purchases (included) | 13.00 |
| 2 | HST paid on meals (included) | 6.50 |
| 3 | GST paid on purchases (included) | 5.00 |
| 4 | GST paid on meals (included) | 2.50 |
| 11 | HST paid on purchases (tax entry only) | |
| 12 | GST paid on purchases (tax entry only) | |
| Total HST/GST paid on purchases | ||
| Total HST/GST (payable) or recoverable | ||
| Final total for control | ||
| GST & QST Charged | ||
| 9 | GST & QST charged on sales (included) | 14.98 |
| 19 | GST & QST charged on sales (tax entry only) | |
| Total GST/QST charged on sales | ||
| Total GST/QST Charged | ||
| GST & QST Paid | ||
| 5 | GST & QST paid on purchases (included) | 14.98 |
| 6 | GST & QST paid on meals (included) | 7.49 |
| 15 | GST & QST paid on purchases (tax entry only) | |
| Total GST & QST paid on purchases | ||
| Total GST & QST (payable) or recoverable | ||
| Final total for control | ||
Multi-Currency Accounting for Company GST/HST Tax | Canada | Account numbers
In this article
Multi-Currency Accounting for Company GST/HST Tax | Canada | Account numbers
Multi-Currency Accounting for Company GST/HST Tax | Canada | Account numbers
Multi-Currency double entry template for financial planning and accounting in Canada, inclusive of GST/HST codes.
Open in Banana WebApp
Run Banana Accounting Plus on your browser without any installation. Customize the template, enter the transactions and save the file on your computer.
Open template in WebAppTemplate documentation
Description
These double entry accounting template has been prepared by a CPA operating in Ontario for their internal accounting and financial planning.
Template preview
Starter Company Banana
Basic Currency: CAD
Double-entry with foreign currencies and VAT/Sales tax
| Group | Account | Description | Currency | Sum In | Gr1 |
|---|---|---|---|---|---|
| BALANCE SHEET | |||||
| ASSETS | |||||
| 11200 | Bank Account | CAD | 12 | ||
| 11201 | Bank Account USD | USD | 12 | ||
| 11202 | Bank Account EUR | EUR | 12 | ||
| 11300 | Petty Cash | CAD | 12 | ||
| 120 | Accounts Receivable | 12 | 1 | ||
| 12200 | Allowance for Bad Debts | CAD | 12 | ||
| 12400 | Accounts Receivable - Other | CAD | 12 | ||
| 12500 | Due from Shareholder | CAD | 12 | ||
| 12600 | Due from Employees | CAD | 12 | ||
| 12700 | Investments | CAD | 12 | ||
| 12800 | Income Taxes Recoverable | CAD | 12 | ||
| 12850 | Sales Taxes Recoverable | CAD | 12 | ||
| 13000 | Inventory | CAD | 12 | ||
| 14000 | Prepaid Expenses | CAD | 12 | ||
| 14100 | Prepaid Deposits | CAD | 12 | ||
| 12 | Total Current Assets | 100 | |||
| 15110 | Furniture and Equipment | CAD | 15 | ||
| 15120 | Furn. & Equip. - Acc. Am. | CAD | 15 | ||
| 15210 | Computer Equipment | CAD | 15 | ||
| 15220 | Computer Equip. - Acc. Am. | CAD | 15 | ||
| 15310 | Vehicle | CAD | 15 | ||
| 15320 | Vehicle - Acc. Am. | CAD | 15 | ||
| 15 | Total Long Term Assets | 100 | |||
| 100 | TOTAL ASSETS | 00 | 1 | ||
| LIABILITIES & EQUITY | |||||
| LIABILITIES | |||||
| 220 | Accounts Payable | 22 | 1 | ||
| 22200 | Accrued Liabilities | CAD | 22 | ||
| 22300 | Accounts Payable - Other | CAD | 22 | ||
| 22400 | Visa payable | CAD | 22 | ||
| 23500 | HST Charged on Sales | CAD | 22 | ||
| 23510 | HST Paid on Purchases | CAD | 22 | ||
| 23520 | HST Instalments | CAD | 22 | ||
| 23530 | HST Payable | CAD | 22 | ||
| 23600 | PST Payable | CAD | 22 | ||
| 23700 | GST & QST Payable | CAD | 22 | ||
| 23800 | Accrued Payroll | CAD | 22 | ||
| 23900 | Source Deductions Payable | CAD | 22 | ||
| 24000 | Corporate Tax Payable - Fed. | CAD | 22 | ||
| 24100 | Corporate Tax Payable - Prov. | CAD | 22 | ||
| 25300 | Line of Credit | CAD | 22 | ||
| 25400 | Due to Shareholder | CAD | 22 | ||
| 25900 | Current Portion of Debt - ST | CAD | 22 | ||
| 22 | Total Current Liabilities | 2 | |||
| 26200 | Term Loan | CAD | 26 | ||
| 26300 | Current Portion of Debt - LT | CAD | 26 | ||
| 26 | Total Long Term Liabilities | 2 | |||
| 2 | Total Liabilities | 2-3 | |||
| EQUITY | |||||
| 31000 | Common Shares | CAD | 3 | ||
| 38000 | Retained Earnings | CAD | 3 | ||
| 3800 | (Profit)/Loss for the period | 3 | 1 | ||
| 39000 | Dividends | CAD | 3 | ||
| 3 | Total Equity | 2-3 | |||
| 2-3 | TOTAL LIABILITIES & EQUITY | 00 | 1 | ||
| INCOME STATEMENT | |||||
| REVENUE | |||||
| 41100 | Sales | CAD | 4 | ||
| 41900 | Other Income | CAD | 4 | ||
| 44000 | Exchange Gain/Loss | CAD | 4 | ||
| 4 | TOTAL REVENUE | L01 | 1 | ||
| COST OF SALES | |||||
| 51100 | Inventory - Opening | CAD | 5 | ||
| 51200 | Purchases | CAD | 5 | ||
| 52000 | Freight | CAD | 5 | ||
| 52200 | Inventory - Closing | CAD | 5 | ||
| 52300 | Direct Materials | CAD | 5 | ||
| 52400 | Subcontractors | CAD | 5 | ||
| 55100 | Salaries and Wages | CAD | 5 | ||
| 55200 | CPP Expense | CAD | 5 | ||
| 55300 | EI Expense | CAD | 5 | ||
| 55400 | WSIB Expense | CAD | 5 | ||
| 55500 | Benefit Plan | CAD | 5 | ||
| 55600 | EHT Premiums | CAD | 5 | ||
| 5 | Total COST OF SALES | L01 | |||
| L01 | GROSS MARGIN | L02 | 1 | ||
| EXPENSES | |||||
| 61050 | Accounting | CAD | 6 | ||
| 61100 | Advertising & Marketing | CAD | 6 | ||
| 61200 | Amortization | CAD | 6 | ||
| 61400 | Bad Debts | CAD | 6 | ||
| 61500 | Bank Charges & Interest | CAD | 6 | ||
| 61550 | Business Tax & Licences | CAD | 6 | ||
| 61600 | Courier | CAD | 6 | ||
| 61620 | Computing expenses | CAD | 6 | ||
| 61650 | Consulting Fees | CAD | 6 | ||
| 61700 | Dues & Subscriptions | CAD | 6 | ||
| 61800 | Education & Training | CAD | 6 | ||
| 61900 | Equipment Rental | CAD | 6 | ||
| 62000 | Insurance | CAD | 6 | ||
| 62100 | Interest on Debt | CAD | 6 | ||
| 62200 | Legal Fees | CAD | 6 | ||
| 62250 | Management Salaries | CAD | 6 | ||
| 62300 | Meals & Entertainment | CAD | 6 | ||
| 62400 | Miscellaneous | CAD | 6 | ||
| 62500 | Office Supplies | CAD | 6 | ||
| 62600 | Rent | CAD | 6 | ||
| 62700 | Repairs & Maintenance | CAD | 6 | ||
| 63100 | Supplies | CAD | 6 | ||
| 63200 | Telephone & Internet | CAD | 6 | ||
| 63300 | Travel & Parking | CAD | 6 | ||
| 63400 | Utilities | CAD | 6 | ||
| 63500 | Vehicle Expenses | CAD | 6 | ||
| 6 | Total EXPENSES | L02 | 1 | ||
| L02 | Income Before Income Taxes | L03 | |||
| 90000 | Income Tax Provision | 9 | |||
| 9 | Total Income Taxes | L03 | 1 | ||
| L03 | NET (INCOME)/LOSS | 3800 | 1 | ||
| 00 | Total Debit/Credit Balance should be 0 | ||||
| Customers/Debtors | |||||
| C0001 | Customer A | CAD | 120A | ||
| C0002 | Customer B | CAD | 120A | ||
| C0003 | Customer C | CAD | 120A | ||
| C0004 | Customer D | CAD | 120A | ||
| C0005 | Test client | CAD | 120A | ||
| C0006 | R J Sample Co | CAD | 120A | ||
| 120A | Total Customers | 120 | 1 | ||
| Suppliers/Creditors | |||||
| S0001 | Supplier A | CAD | 220A | ||
| S0002 | Supplier B | CAD | 220A | ||
| S0003 | Supplier C | CAD | 220A | ||
| S0004 | Supplier D | CAD | 220A | ||
| S0005 | Supplier E | CAD | 220A | ||
| 220A | Total Suppliers | 220 | 1 | ||
| Cost and profit centers | |||||
| Departments (CC1) | |||||
| .OTT | Department 1 | CAD | TDE | ||
| .TOR | Department 2 | CAD | TDE | ||
| TDE | Total Department Expenses | ||||
| Projects (CC2) | |||||
| ,JOB1 | Project 1 | CAD | TPR | ||
| ,JOB2 | Project 2 | CAD | TPR | ||
| TPR | Total Projects | ||||
| Other (CC3) | |||||
| ;OT-1 | Other 1 | CAD | TOT | ||
| ;OT-2 | Other 2 | CAD | TOT | ||
| TOT | Total Other | ||||
| Segments | |||||
| : | Branch | TS1 | |||
| :01 | Ottawa | TS1 | |||
| :02 | Wancouver | TS1 | |||
| TS1 | Total Branch | ||||
| :: | Sectors | TS2 | |||
| ::01 | Sales | TS2 | |||
| ::02 | Reasearch | TS2 | |||
| TS2 | Total sectors |
| VAT Code | Description | %VAT |
|---|---|---|
| Last update: Jan 14, 2016 | ||
| HST/GST Charged | ||
| 7 | HST charged on sales (included) | 13.00 |
| 8 | GST charged on sales (included) | 5.00 |
| 17 | HST charged on sales (tax entry only) | |
| 18 | GST charged on sales (tax entry only) | |
| Total HST/GST charged on Sales | ||
| Total HST/GST Charged | ||
| HST Paid | ||
| 1 | HST paid on purchases (included) | 13.00 |
| 2 | HST paid on meals (included) | 6.50 |
| 3 | GST paid on purchases (included) | 5.00 |
| 4 | GST paid on meals (included) | 2.50 |
| 11 | HST paid on purchases (tax entry only) | |
| 12 | GST paid on purchases (tax entry only) | |
| Total HST/GST paid on purchases | ||
| Total HST/GST (payable) or recoverable | ||
| Final total for control | ||
| GST & QST Charged | ||
| 9 | GST & QST charged on sales (included) | 14.98 |
| 19 | GST & QST charged on sales (tax entry only) | |
| Total GST/QST charged on sales | ||
| Total GST/QST Charged | ||
| GST & QST Paid | ||
| 5 | GST & QST paid on purchases (included) | 14.98 |
| 6 | GST & QST paid on meals (included) | 7.49 |
| 15 | GST & QST paid on purchases (tax entry only) | |
| Total GST & QST paid on purchases | ||
| Total GST & QST (payable) or recoverable | ||
| Final total for control | ||
| Ref.Currency | Currency | Text |
|---|---|---|
| USD | ||
| EUR |