HST On Cash Register And POS Systems

The Canadian government has made it compulsory that all provinces convert to 1 taxation the HST.

This change is truly very good news or should be to company owners with cash register or POS systems because almost all cash registers and all POS systems made since the 1980’s have at least 1 tax. Meaning that no companies should want to purchase new equipment due to the shift to the HST. Unfortunately many companies will need help to modify their POS systems to the HST. Which generally means a technician will need to help with the shift normally a service call.

The HST is on most but not all goods sold and some have HST on single items but not on 6 or more such as donuts. Please consult with 1st link below for complete information.

Now the most important thing businesses will need to pick on is to set up their POS system or cash register as add on or VAT value added tax. As an example the add on kind tax chooses the enter or preset price lets say $5.00 and adds the tax to this total (if HST= 12%) = $5.60 total with tax. This is how all cash registers and POS systems do include on taxation. Now with a VAT tax the exact same input or preset $5.00 = $5.00 total with tax. The difference is shown on the receipt the add on shows $5.00 +.60 HST and the VAT reveals $4.46 +.54 HST on the reception. Basically with the VAT tax the cash register or POS computes the price before tax and reveals both on the receipt. The VAT tax is usually utilized most by fast food restaurants and stores with price boards or menus that don’t state on them: HST will be added. Some companies also use the VAT to remove tendering of pennies or nickels or dimes such as pubs and bars. Not all cash register or POS systems have VAT tax refer to your guide or local dealer. BC interior companies with SHARP, UNIWELL / SANYO or Flashpoint cash registers or POS systems can predict Norstar POS 250 554–5051 to find out more.