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March 28, 2020
Question

I want to post directly to the GST/HST payable account. I have a receipt with multiple lines - some gst some not, and don't want to enter every line. Any help?

  • March 28, 2020
  • 2 replies
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2 replies

March 30, 2020

Hi there, 

 

Welcome to the Community. Entering every line on your receipt can be time-consuming and I'll be happy to show you how to enter transactions in bulk. 

 

The best way I recommend you do this would be entering a journal entry. Journal entries are the last resort for entering transactions. I recommend using them only if you understand accounting or you’re following the advice of your accountant. You can also find an accountant if you need one.

 

If you’re feeling confident about creating journal entries, here are a few reasons to use them.

  • Enter debits and credits manually, like in traditional accounting systems.
  • Transfer money between income and expense accounts.
  • Transfer money from an asset, liability, or equity account to an income or expense account.

Here's how to create a journal entry

  1. Select + New.
  2. Select Journal Entry.
  3. Fill out the fields to create your journal entry.
  4. Select Save and new or Save and close.

 

In case you have other questions, feel free to contact our support team using this link here.

November 14, 2021

How do i post a journal entry for an expense that was paid from personal funds and to capture the GST on the tax report

November 16, 2021

Hi Jedjammer. Thanks for contributing to this thread. It's vital you're able to record your journal entry the right way. I highly recommend connecting with an accounting professional that can help you achieve this goal. In case you need to search for an accounting professional, don't hesitate to search for one on our site using this link here. Let me know if you have any other questions, I'm here to assist.