Calculate the correct debit and credit amounts for QuickBooks Online journal entries when recording Amazon seller expenses with GST/HST. This tool ensures accurate tax treatment for Amazon fees and commissions.

What you'll enter

• Transaction date and Amazon invoice number
• Province or territory (to apply correct GST/HST rate)
• GST/HST amount from the Amazon invoice
• Optional: Custom tax rate override for special circumstances

What you'll get

• Two-line adjusting entry for QuickBooks Online with debit and credit amounts
• Correct sales tax codes for each line (provincial HST/GST and zero-rated)
• Transaction verification showing the calculation breakdown
• Copy-to-clipboard functionality for easy data entry into QBO
• Clear instructions for posting the adjustment in QuickBooks Online

Notes

• Line 1 debits Amazon expenses with the applicable provincial HST/GST code (to recover the input tax credit).
• Line 2 credits Amazon expenses with zero-rated tax code (to offset the gross amount including tax).
• This adjustment ensures Amazon fees are recorded at the correct net amount while claiming the GST/HST ITC.
• Default tax rates: HST 15% (NB, NL, PE), HST 14% (NS), HST 13% (ON), GST 5% (all other provinces/territories).
• Use the custom rate override only when Amazon applies a different tax rate or for historical transactions.
• Post the adjustment to your Amazon Clearing Account in QuickBooks Online.
• Consult your accountant if you're unsure about the proper tax treatment for your specific situation.

↓ Scroll down to the calculator to enter your numbers.