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January 21, 2020
Question

My client uses the "Quick Method" for filing HST. This means his HST payable amount will be less than what is showing in Quickbooks. How do I account for the balance?

  • January 21, 2020
  • 1 reply
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1 reply

January 21, 2020

Hi there,

 

Welcome to the Community. Making sure you're recording your transactions the right way is a good exercise for preventing errors in your books. 

 

I recommend contacting an accounting professional to get more info on this. If you're not in contact with one, I encourage you to search for one on our website using this link here. Doing this will help prevent any future discrepancies. Let me know if you have other questions. I'm here to help.