Question 1

How do retail stores deduct supplier invoices?

Accepted Answer

Inventory purchases (Cost of Goods Sold) are deducted as you sell — not at purchase. R2Sheet tags supplier invoices distinct from operating expenses, so your bookkeeper can apply COGS treatment correctly. Operating expenses (rent, utilities, supplies, marketing) are deducted as they're incurred.

Question 2

Can multiple store managers upload to one Sheet?

Accepted Answer

Yes. Each manager joins your workspace as a member and uploads from their location's till. Tag each receipt with the location (e.g. "Yorkville", "Queen West"). Your master Sheet shows all locations; filter by tag for per-store reports.

Question 3

Does R2Sheet handle multi-province HST/GST/PST?

Accepted Answer

Yes. Per receipt, R2Sheet detects the province and splits HST/GST/PST appropriately — Ontario HST 13%, BC GST 5% + PST 7%, Quebec GST 5% + QST 9.975%, etc. Quarterly ITC by province auto-computes in your dashboard.

Question 4

Is this an alternative to Vend, Square, or Shopify POS?

Accepted Answer

No — those are point-of-sale systems for sales. R2Sheet is for the OTHER side: capturing the receipts your business pays for (inventory, supplies, rent, utilities, repairs, marketing). Most multi-store retail uses both.

Two stores or twenty.
One shared Sheet.

Independent retail, salons, fitness studios, boutiques. Each location's staff uploads receipts. Inventory invoices, supplies, marketing, rent — auto-categorized to T2125 (sole prop) or T2 Schedule 125 (incorporated). HST split per province. ITC tracked.

Sound familiar?

Inventory invoices vs operating expenses

Multi-province HST nightmare

Different staff buy at each location

Quarterly HST / ITC compounds the work

Deductions you're probably leaving on the table

Why R2Sheet

Tag = location

HST / GST / PST per province

CPA-ready Google Sheet

One Sheet for every store. Built in Canada.

Two stores or twenty.
One shared Sheet.

Independent retail, salons, fitness studios, boutiques. Each location's staff uploads receipts. Inventory invoices, supplies, marketing, rent — auto-categorized to T2125 (sole prop) or T2 Schedule 125 (incorporated). HST split per province. ITC tracked.

Sound familiar?

Inventory invoices vs operating expenses

Multi-province HST nightmare

Different staff buy at each location

Quarterly HST / ITC compounds the work

Deductions you're probably leaving on the table

Why R2Sheet

Tag = location

HST / GST / PST per province

CPA-ready Google Sheet

One Sheet for every store. Built in Canada.

Two stores or twenty.One shared Sheet.

Independent retail, salons, fitness studios, boutiques. Each location's staff uploads receipts. Inventory invoices, supplies, marketing, rent — auto-categorized to T2125 (sole prop) or T2 Schedule 125 (incorporated). HST split per province. ITC tracked.

Sound familiar?

Inventory invoices vs operating expenses

Multi-province HST nightmare

Different staff buy at each location

Quarterly HST / ITC compounds the work

Deductions you're probably leaving on the table

Why R2Sheet

Tag = location

HST / GST / PST per province

CPA-ready Google Sheet

One Sheet for every store. Built in Canada.

Two stores or twenty.One shared Sheet.

Independent retail, salons, fitness studios, boutiques. Each location's staff uploads receipts. Inventory invoices, supplies, marketing, rent — auto-categorized to T2125 (sole prop) or T2 Schedule 125 (incorporated). HST split per province. ITC tracked.

Sound familiar?

Inventory invoices vs operating expenses

Multi-province HST nightmare

Different staff buy at each location

Quarterly HST / ITC compounds the work

Deductions you're probably leaving on the table

Why R2Sheet

Tag = location

HST / GST / PST per province

CPA-ready Google Sheet

One Sheet for every store. Built in Canada.

Two stores or twenty.
One shared Sheet.

Two stores or twenty.
One shared Sheet.