Go to Main Content

UTSC Business Officer – FIS Reference Page

…from non-HST provinces & territories excluding expense reimbursements? What tax code should I use when reimbursing for Conference/Registration Fees? Where can I find a quick reference guide for HST applicability…

Business Officer Resource Page – Financial Administration at the University

…Fees? Where can I find a quick reference guide for HST applicability of external sales? What does self-assessing of HST mean? When do I have to self-assess? Best Practices for…

Courier, Brokerage & Freight Payments

…packing slip. To avoid duplicate HST charges, the supplier should also be asked to include the invoice which identifies whether HST has been included in the invoice. When in doubt,…

Employee versus Independent Contractor and Taxation of Payments (HRIS vs FIS)

…collect Harmonized Sales Tax (HST) in respect to those payments (see Payroll and the HST). Integral to determining the appropriate tax treatment is the determination of an individual’s relationship with…

Taxation

…Payments (HRIS vs FIS) [Human Resources, Payroll and Benefits] Harmonized Sales Tax (HST) [Purchasing and Payments to Vendors] HST – University Sales [External Revenues and External Expense Recoveries] The following…

Internal Revenues and Internal Expense Recoveries

…goods and an indication that goods were from inventory. the date the goods were delivered. Tax codes Internal charges and credits are not subject to HST. However, these charges normally…

Human Resources, Payroll and Benefits

…related to the important decision of whether an individual should be treated as an employee or as an independent contractor for tax purposes. Payroll and the HST This section identifies…

Course 2:  Accounts Payable Processing Part 1 РBasic Data Entry

…Accounts Payable Reference Guide/Simulation – G/L Account List with Additional Text Tax Code Summary Table Article – HST Requirements for the University Name on Invoices Simulation: The New Active Vendor…

Objective and Responsibilities

…Approval and Execution of Contracts and Documents; faculty/division policies and procedures with respect to contractual commitments; applicability of HST to sales. Takes responsibility for: investigations into credit-worthiness of customers, consulting…

Certified Invoices

…funding source (fund and/or fund center) cost allocation (cost center or internal order) tax code based on the HST status of the supplier (included in invoiced amount, or exempt): print…