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May 24, 2023
Question

How do I record a Provincial Sales Tax payment from previous year

  • May 24, 2023
  • 1 reply
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1 reply

May 24, 2023

Hi prpetshop-gmail-,

 

It's a pleasure to see you in Community.  Welcome!  QuickBooks Online enables you to enter prior sales tax payments, so your accounts are accurate.  I'd be happy to help!

 

To manually record sales tax payments, you'll need to set up the associated agency as a Supplier.  Once this has been set up, you'll proceed to record the payment.  Here's how;

 

1. From the left menu, select +New and then Expense

2. Use the ▼ dropdown menu and select the Payee

3. Choose the Payment Account

4. Enter the Payment Date and Payment Method

5. Complete the required fields in the Category Details section

6. Hit Save and Close when finished

 

Should you require additional assistance, I recommend speaking with an accounting professional.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

 

Feel free to touch base again, if you have other questions.  We'd be glad to assist!