GST/HST rebates are available on purchases you make to run your business. Recovering GST on invoiced purchases is straightforward, because it’s an itemized expense. If you are paying lump sum amounts to craft labour for living out and meals, you don’t have an invoice to read the GST off of. Abio’s GST/HST recovery rules isolate the amount of GST that would be incurred for each of the living out amounts.
To set up a GST/HST Recovery rule, navigate to [e] Job Costing, then [u] Set Up, then [d] G/HST Recovery Rule Entry.
Abio displays a list of your current G/HST Recovery Rules.
G/HST Recovery Rules Details
Click on the Details tab to add or update a G/HST Recovery Rule.
If you click on the action field, Abio displays a list of actions.
GST/HST Recovery Rule Actions
Inquire
The inquire actions lets you view, but not change, a G/HST Recovery Rule record.
Add
Add a new G/HST Recovery Rule.
Change
Make changes to the current G/HST Recovery Rule.
Delete
Delete a G/HST Recovery Rule that is not referenced by any jobs.
Print, email, or export the current G/HST Recovery Rule to an excel spreadsheet.
GST/HST Recovery Rule Fields
G/HST rule
Primary key for this record.
description
Describe how GST/HST is recovered from payroll overhead amounts.
LOA %
What percentage of LOA costs can GST be recovered from?
mileage %
What percentage of LOA costs can GST be recovered from?
turnaround %
What percentage of turnaround costs can GST be recovered from?
taxi & bus %
What percentage of taxi & bus costs can GST be recovered from?
meal & checkout %
What percentage of meal & checkout costs can GST be recovered from?
active?
Jobs can only reference active G/HST rules.