B.C. Soda Tax Configuration

This article explains the Veloce configuration required to comply with British Columbia's Provincial Sales Tax Act.

IMPORTANT! This article assumes that your Veloce POS system is already configured and fully functional. Use the information from this article to update your existing Veloce POS system to the new regulation.

Configuration sequence

1. Create / Configure Tax Categories as explained in the Tax Categories article.

2. Create / Configure Taxes as explained in the Taxes articles. You may also refer to the tables below for specific settings.

3. Assign taxes to sales items, as explained in Sales Item Setup - Taxes article.

Suggested Tax Categories for Veloce

British Columbia has two tiers of sales taxes. The first tier is managed at the provincial level, which includes the provincial sales tax and liquor tax. The second tier is managed at the federal level, which includes the Goods & Services Tax (GST). Therefore, it is suggested to use two Tax Categories for Veloce:

• Provincial Taxes

• Federal Tax

Required Taxes in Veloce

Provincial Taxes:

• Provincial Sales Tax (PST) - 7%

• Provincial Sales tax (PST) for liquor - 10%

Federal Taxes:

• Goods and Services Tax (GST) - 5%Detailed Tax Configurations

The following tables list all the options and settings for each tax. Refer to the Taxes article to learn how to create a new tax, and refer to the tables below for each individual setting.

Provincial Sales Tax (PST) - 7%

The provincial Sales Tax at a rate of 7% applies to sodas as explained in the B.C. Soda Tax Overview article. However, if you also sell miscellaneous goods, such as clothing, bottle openers and souvenirs (e.g. souvenir glasses or pens with your company name on them), you also need to apply the 7% PST on these items. The PST may be used as an add-on tax or an inclusive tax.

Veloce Tax Settings for 7% PST

Tab / Section	Option / Field name	Configuration
Configuration	Description	PST (7%)
2nd name	PST (7%)
Number	Your tax number
Rate / Current rate	Rate	7%
Minimum amount	$0.00
Maximum amount	$0.00
Non taxable if item number over	OFF
Rate / Upcoming rate	Upcoming rate	OFF
Date	N/A
Next rate	N/A
Rate / Exception	ON/OFF switch	ON
Name	Combo
Taxable sale percent	50%
Maximum amount per item	$3.00
Rate / Calculation method	Included tax	Your choice
Category	PROVINCIAL
Group entire category using this tax level	OFF
Priority	OFF
Add method	OFF
Allow even if there is no amount	OFF
Applicable on taxable tip	OFF
Can apply on 'taxable tax'	OFF
Taxable tax	OFF
Discountable	ON
Links / Conversions	General ledger number (to send)	N/A
General ledger number (to claim)	N/A

Provincial Sales Tax (PST) for liquor - 10%

The provincial Sales Tax at a rate of 10% applies to all alcoholic beverages containing more than 1% of alcohol per volume, such as beer, spirits and liqueurs, wine, mixed drinks, etc.

Settings for 10% PST (Liquor tax)

Tab / Section	Option / Field name	Configuration
Configuration	Description	PST Liquor (10%)
2nd name	PST Liquor (10%)
Number	Your tax number
Rate / Current rate	Rate	10%
Minimum amount	$0.00
Maximum amount	$0.00
Non taxable if item number over	OFF
Rate / Upcoming rate	Upcoming rate	OFF
Date	N/A
Next rate	N/A
Rate / Exception	ON/OFF switch	OFF
Name	N/A
Taxable sale percent	N/A
Maximum amount per item	N/A
Rate / Calculation method	Included tax	Your choice
Category	PROVINCIAL
Group entire category using this tax level	OFF
Priority	OFF
Add method	OFF
Allow even if there is no amount	OFF
Applicable on taxable tip	OFF
Can apply on 'taxable tax'	OFF
Taxable tax	OFF
Discountable	ON
Links / Conversions	General ledger number (to send)	N/A
General ledger number (to claim)	N/A

Goods and Services Tax (GST) - 5%

The federal Goods and Service Tax (GST) at a rate of 5% applies on all goods and services, including food, beverages, alcohol, clothing, souvenirs, etc. The GST may be used as an add-on tax or an inclusive tax.

Veloce Tax Settings for 5% GST

Tab / Section	Option / Field name	Configuration
Configuration	Description	GST (5%)
2nd name	GST (5%)
Number	Your tax number
Rate / Current rate	Rate	5%
Minimum amount	$0.00
Maximum amount	$0.00
Non taxable if item number over	OFF
Rate / Upcoming rate	Upcoming rate	OFF
Date	N/A
Next rate	N/A
Rate / Exception	ON/OFF switch	OFF
Name	N/A
Taxable sale percent	N/A
Maximum amount per item	N/A
Rate / Calculation method	Included tax	Your choice
Category	FEDERAL
Group entire category using this tax level	OFF
Priority	OFF
Add method	OFF
Allow even if there is no amount	OFF
Applicable on taxable tip	OFF
Can apply on 'taxable tax'	OFF
Taxable tax	OFF
Discountable	ON
Links / Conversions	General ledger number (to send)	N/A
General ledger number (to claim)	N/A