How do I remit HST in QuickBooks?

How do I remit HST in QuickBooks?

Paying GST/HST (QuickBooks Desktop)

1. From the ‘Sales Tax menu’, choose ‘File Sales Tax’
2. Select the ‘Tax Agency’ ‘Receiver General’
3. Verify that the “From” and “To” dates are correct.
4. If there is an ‘Uncategorized Tax Amount’ at the bottom of the page, call us for assistance.

How do you record HST remittance?

To record a remitted GST/HST payment:

1. From the left navigation panel, click Accounting.
2. From the Accounting left navigation, click Bank.
3. Either double-click your operating bank, or single click it to highlight it, then from the toolbar, click Details.
4. From the toolbar, click Add > Withdrawal.

How do I remit sales tax in QuickBooks?

To pay your sales tax:

1. From the Vendors menu, go to Sales Tax, then select Pay Sales Tax.
2. On the Pay From Account drop-down, select the checking account you want to use for the tax payments.
3. In the Show sales tax due through field, check and make sure the date is correct.
4. In the Starting Check No.

How do I receive HST refund in QuickBooks desktop?

To record your refund, follow these steps:

1. Open Taxes from the left menu and select Sales Tax.
2. Using the All returns drop-down choose Filed from the list.
3. In the Action column, select Record Refund using the drop-down arrow.
4. Enter the Refund information.
5. Once you’ve recorded the refund you’ll see it in your account history.

How do I record an HST installment in QuickBooks Online?

Recording HST Instalments in QuickBooks Online

1. Navigate to (sidebar) Taxes – Sales Tax.
2. On the Sales Tax page, select the Payments tab – New – Instalment:

How do I record HST installment in QuickBooks desktop?

Click the Item drop-down and choose New. From the Type drop-down list, choose Sales Tax Item. In the Description field, type a name that connects this account with instalments for a specific sales tax (such as “HST Instalments”). In the Tax Agency field, choose the tax agency you’ll pay instalments to.

How do I record a GST remittance in QuickBooks online?

How to enter 100% GST payment in Quickbook online?

1. Go to the Taxes menu.
2. Choose the Bank Account you’re making the payment from.
3. Enter the tax payment amount in the Tax Payment field and other required info.
4. Select Record Tax Payment.

How do I record a GST HST refund in QuickBooks?

Recording a GST refund

1. Go to GST.
2. Under To Pay, select Record Refund.
3. Select the Account the payment will be deposited into and the Date of the refund.
4. Input any Memo for the transaction.
5. Select Save.

How do I file HST in QuickBooks online?

File your GST/HST return with the CRA Enter your User ID and password. Select Submit a return. Choose the period that you want to file. Copy the amounts from your QuickBooks Online return and paste them into your sales tax return in the CRA window.

How do you account for sales tax collected?

To record received sales tax from customers, debit your Cash account, and credit your Sales Revenue and Sales Tax Payable accounts. When you remit the sales tax to the government, you can reverse your initial journal entry. To do this, debit your Sales Tax Payable account and credit your Cash account.

How do I record an HST refund in QuickBooks desktop Canada?

How do I record an HST installment in QuickBooks online?