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Mar 23, 2019 6:46 PM UTC
Question

I just posted my credit card expenses. I entered the base amount and select tax category HST. QB only increased by base amount but the HST is in the correct account as Input taxes. However the Credit card balance is wrong because it is out by HST.

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1 reply

Mar 24, 2019 1:16 AM UTC

Sounds like your default posting method for credit card expenses is 'gross' (including tax) and you are thinking that its net + tax