Hi  2 subjects and questions. 

Being a provincially funded school athority we receive a rebate of 68% of the 5% gst we pay out on expenses. We want to be able to know exactly how much GST we will owe at the YE . Up till now we have been holding all the GST as a receivable and then making a YE adjustment for the 68%. It works but does not give us a true story through out the year month end reports.   How can I set up my GST so that I get a rate of 68% of the 5 % and 32% of the 5%. Can this be an automatic calculation within Simply or will I have to manually calculate the % and then make the entries.  

How can I make a cheque payable to someone or another company other than the vendor I  use. Often I have vendors listed by first and last name half the time I write cheques payable to John Smith. The other half I write cheques payable to JS holdings LTd (which is John Smiths Company) . do I have to make them two seperate vendors or is there a way to alter the "Pay To part of the cheque. ? :  

Hi there:  Go up to the Search box and type in    GST set up    and I think you will find a number of explanations of how to set up a differing % of GST. 

I'm pretty sure that you have to set up separate vendors if you are making a payment to a different name.       Rita Deering

If you are invoiced by John Smith that is who the cheque should be made payable to. If you are invoiced by JS Holdings Ltd., that is who the cheque should be made payable to.

It doesn't matter that you know John Smith owns JS Holdings Ltd. If you are receiving invoices from two separate entities you should make your cheques payable to the appropriate one.

It may well be that John Smith has a very good reason for working under two separate businesses and you should pay him appropriately.

Just to give you an example, I am involved in 3 businesses. My accounting practice is a Proprietorship, my wife and I jointly own a Partnership and we are both Shareholders/Directors of a Limited Company. I would not like to see invoices sent out by my accounting practice paid to the Company.

Sorry I can't help you with the GST question - I don't think it is possible to allocate a percentage of the GST paid to one account and the balance to another - but maybe someone who is more experienced in Simply can help you.