Skip to main content
January 25, 2024
Question

Can I change the account that the hst itc's are going to on bills/expenses? They are going into the HST payable account but it should be the HST Receivable account.

  • January 25, 2024
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

January 25, 2024

Hi hannah-vouchrapp,

 

Welcome to Community!  Having your GST/HST amounts recorded inaccurately, is definitely an area of concern.  When this happens, the best course of action is to speak with an accounting professional.  Making changes to the current set up, can have a negative impact on other areas of your books.  For that reason, it's recommended to contact your accountant for their expertise, to ensure a positive outcome on your books.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

 

If you have any other questions, feel free to reach out.  We would be glad to help!