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February 15, 2021
Question

End of year tax refund

  • February 15, 2021
  • 1 reply
  • 0 views

Hi, we received a refund from the ATO when we finalised our end of year tax refund (usually we have to pay so i've never had to process a refund). How do i enter the payment from the ATO in QuickBooks. Not sure of which account to allocate the deposit to.  

1 reply

Zac Product Champion
February 16, 2021

Hi Tanszel75, 

 

Thank you for reaching out on this and Welcome to our Community. 

 

Please see the link below for detailed step-by-step to record your tax refund:

Recording a GST refund

 

Thank you and please let us know if you require any additional assistance.