Skip to main content
July 20, 2023
Question

How do I properly record my quarterly GST/PST payments. They appear in my expenses currently as they money comes out of my business banking account... what do I do ?

  • July 20, 2023
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

July 20, 2023

Hi there REKT222,

 

It's important that all your transactions are entered correctly for your books to be well balanced. QuickBooks Online is a great tool able to help you keep track of sales tax on purchases and sales so you know the amount owed to the government. I can point you in the right direction for information about marking your taxes as filed and paid.

 

In order to mark your taxes as filed, then as paid in your books, I recommend following the steps in this article outlining the sales tax process in QuickBooks Online.

 

If you have any other questions, feel free to reach out here.