Skip to main content
A
allpointselectri
November 3, 2023
Question

How do I get the GST Taxes page to reflect the GST Payable account which has the correct amount.

  • November 3, 2023
  • 1 reply
  • 0 views
I had to make adjustments to the GST Consolidation when i set up QBO in order to make the old accounts inactive(migrated from sage).  Now the tax page is not showing the correct amounts for GST.  I used a Gen J.  to transfer the GST.  In my Account history for GST Payable it is correct.

1 reply

T
Trish_T
November 3, 2023
  • Hi allpointselectri,

 

Welcome to Community!  It's important that you're able to record your sales tax adjustment accurate, in keeping your books accurate.  QuickBooks Online enables you to enter adjustments to the appropriate sales tax agency.  I'd be happy to help!

 

Here's how to enter a sales tax adjustment;

 

1. Open Taxes from the left menu and select Sales tax 

2. Locate the tax period you need to adjust, then select Prepare return

3. Next to the entry you need to adjust, select Adjust

4. Enter the Adjustment date and the Tax rate

5. Choose the Adjustment account for adjusting sales tax

 

  • Choose an expense account if you need to increase the tax due.
  • Choose an income account if you need to decrease the tax due.

6. Enter the Adjustment amount

7. Add a Memo, then hit Save.

 

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

 

 

 

Terms & ConditionsAccessibility statement