World vs. Non-World

Some of our followers have asked about World vs. Canada sales that our last news post was about. “Why do you track your sales in two ways?” they ask. Well, without revealing our sales figures, we can tell you this much. We have two columns: sales to Canadian customers and sales to World customers. The Canadian customers pay $7.50 plus GST. We’re located in Alberta so we don’t charge nasty HST or any PST. The non-Canadian customers pay $7.50 and there is no tax charged on it.

For bookkeeping purposes, we need to record the sales separately so we know how much GST we collect and need to remit to the government.

And from these figures, we can analyze them to see things like sales increases (yay!).

We hope that answers your questions.

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