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Jul 10, 2023 6:15 PM UTC
Question

We had a vehicle repaired through Insurance we had to pay the HST on repair. How do I categorize the transaction so it gets included in next quarters HST? (canada)

The transaction came through my banking. The amount I paid is all HST so I just need help figuring out which category to put it in so the entire amount goes towards next quarters HST.

1 reply

Jul 10, 2023 7:01 PM UTC

Hi mdunn2,

 

It's nice to see you in Community.  Welcome!  It's important that your transactions are recorded accurately in QuickBooks Online, in keeping your books balanced.  To ensure a positive outcome, I recommend speaking with an accounting professional for the best course of action.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

 

If you have any other questions, please don't hesitate to reach back out.  We'd be happy to help!