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Oct 26, 2019 12:49 AM UTC
Question

How do I record a GST/HST refund when the reports are not showing up on the Taxes tab?

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1 reply

Rajanikanth
Oct 26, 2019 3:17 AM UTC

Hi, SRadko

Use the Deposit screen and select GST/HST Suspense under the Account column, Amounts are - Out scope of tax, Received from - Canada Revenue Agency.

 

Note the above treatment will increase the GST/HST Suspense account balance if the refund is for overpayment then the treatment is ok if the refund is for other reasons additional adjustments are required.

 

Comment back for further clarifications.