This article shows how to print an Ontario Levy report within Unity® Accounting
The Ontario Levy applies only to firms operating in Ontario, Canada. It is a surcharge that is charged by the Upper Canada Law Society. The levy applies to files that are real estate and civil litigation matters.
The $50.00 value for real estate and the $65.00 value for civil litigation, includes the PST.
To use the Ontario Levy report, create a disbursement code for the levy in the Disbursement Codes screen.
The correct settings for the disbursement code are:
GST/HST = Y
Tax on Billing selected.
The Ontario Levy report produces a list of all client files for which disbursements were entered using one of these two disbursement codes.
Unity® Accounting includes the two default disbursement codes:
OLL – Transaction Levy – Litigation, as a fixed rate of $57.52
OLR – Transaction Levy – Real Estate, as a fixes rate of $48.67. These codes can be modified accordingly.
Print an Ontario Levey Report
- Click Reports > Other > Ontario Levy.
- In the Transactions From and To fields, enter the date range for transactions to include in the report. Normally would be for the remitting quarter.
- Enter the Disbursement code used for the Ontario Special Levy. Enter OLL or OLR.
- Select View to display the report on screen or select Print to send it to printer.
Tips
- The report results will match the Trial Balance General Ledger Account assigned to the Ontario Transaction Levy Payable.