Accounts Payable

Tax Regulations

Accounts Payable

Tax Regulations

Tax Regulations

Soluno is designed to fully comply with state tax and Canadian Revenue Agency (CRA) regulations.

Complete Tracking

Tracks tax portions so you receive all deserved tax credits.
Tracks payments and refunds to the CRA to simplify remittance calculations.
HST/GST is tracked separately in the General Ledger and updated according to your accounting method.

Detailed Reporting

Set tax categories and rates to identify clients as taxable, tax exempt, or taxed at a different rate.
Back-dated and corrected entries within closed periods are all reflected in HST reports.
Tax adjustments to invoices are fully listed in HST reports.
PDF copies of HST reports are automatically generated and can be reviewed at any time.