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October 1, 2021
Question

Is there a way to record an HST filing for a recent period without filing a previous period first?

  • October 1, 2021
  • 1 reply
  • 0 views
With the pandemic, I got very behind in my tax filings last year. I did not have time to get my books in order, so I pre-paid the CRA and was assessed for my Q2 and Q3 HST returns. I will return and complete my filings once my books are in order. I had time this month to work on things and since Q4 HST is now due, I decided to file this one first to avoid penalties, and then will return to file Q2 and Q3 after. I can't seem to find a way in QBO to record a filing for any period except the next unfiled one -- Q2 in my case, since I was all filed up until Q1 only. I am able to generate the report for Q4 just fine and should be able to record installment payments, but cannot record that the actual filing has happened. I'm concerned that if I go back and file my Q2 and Q3 (in order), I might come back and find that when I am able to record the Q4 filing, the numbers will differ slightly from what I actually sent to the CRA. I have saved a copy of the Q4 report as of today, so I should be able to calculate any corrections that will roll into the next FY, but I worry I'll need to do some journaling somewhere to fix the discrepancy and not sure what will be needed. Anyhow.. back to the question at hand.. is there a way to lock in Q4 as "filed", so that any further changes will be flagged and rolled into the next FY? Or should I just wait until it's all done and contact support to work through any corrections for Q4 between actually filed and what QBO thinks I filed?

1 reply

October 1, 2021

Hi sean40.

 

Filing your sales tax is a key part to keeping your accounts accurate and up to date. I'd be happy to help go over filing sales tax in QuickBooks Online.

 

QuickBooks Online makes tracking and filing your sales tax easy by scheduling when your due to file and the taxes on sales and purchases. At this time QuickBooks Online only allows you to file one quarter at a time. This feature is included to make sure that a filing isn't missed and the next is correct. If you wish to file your Q4 you'd either need to do Q2 and Q3 first before you can do Q4. If you don't have the time currently to enter those two quarters first you can still manually file your sales tax outside of QuickBooks Online and then enter it later.

 

If this is a feature you wish to have included in QuickBooks Online I suggest sending feedback to our development team by following these steps: 

 

  1. Select the Gear icon at the top, then Feedback.
  2. Enter your comments or product suggestions. Then select Next to submit feedback.

Once they receive the feedback they'll look into ways to possibly add this in future updates.

 

If you have any questions let us know and we'd be happy to help!