Testing QuickBooks Canadian version 2010, As a Singapore user, my first priority is to check on the GST setting. To my surprise QuickBooks Canadian version allows user to edit the GST amount in the invoice form. This is GREAT!
As a QuickBooks Asia user, editing GST amount has barking me for years. Our version allows user to edit the GST amount in the Bill, but not in the invoice form. QuickBooks Asia ‘cut’ the extended price at 2 decimal places, this causes the GST amount to be different by one cent in some of the invoices (especially when the amount was too big or unit price too small).
According to one of the article I read sometime back was to add another line item, Rounding, into the invoice to balance up the invoiced amount. However, this made the invoice look weird.
Canadian version does not have the issue as what we faced; mainly I think they are using a Subtotal method for GST instead of a line item method which Asia version is using. This subtotal method was implemented partly I think was due to they have both GST and PST on the unit price.
I hope the next version of QuickBooks Asia allows user to edit the GST amount in the invoice form or have a better way of calculating the GST amount to minimize the discrepancy in GST calculation.