In Canada, we deal with many different sales tax rates and rules.
Receipt Bank helps us ensure taxes on purchases are sent over to Xero so our clients can accurately claim all of their input tax credits (ITCs).
The document below provides instructions and recommendations for dealing with sales taxes using Receipt Bank and Xero. It does not provide a full discussion of the Receipt Bank to Xero integration.
For information on other parts of the integration, visit Receipt Bank’s Knowledge Base here.