We purchased a truck through a loan, entered a journal entry debiting the vehicle acct & crediting loan acct - the GST paid for the truck isn’t showing on the GST report.

Hello dclandscapinginc,

Glad to hear from you again. Congrats on purchasing the truck for your business. I'd be glad to steer you in the right direction with figuring out why the GST paid isn't showing on the GST report. 

QuickBooks is a robust program which offers tonnes of features that allow you to save time and get ahead with your work. Based on what you've described, I recommend checking to make sure the GST report dates are matching the journal entry dates. You may also want to check your accounting method. There are two types of accounting methods in QuickBooks Online; Accrual Basis and Cash Basis. 

Accrual basis

• In this accounting method, the time when you enter a transaction and the time when you actually pay or receive cash may be two separate events.
• An accrual basis report shows income regardless of whether your customers have paid your invoices and expenses regardless of whether you have paid all your bills.

Cash basis

• A bookkeeping method in which you regard income or expenses as occurring at the time you actually receive a payment or pay a bill.
• A cash basis report only shows income if you have received cash and expenses if you have paid cash.

Knowing this info, you can now select which accounting method works best with your business. You can edit this by clicking the Gear icon > Account and Settings > Advanced > Accounting method to Cash > Save).

Let me know if you have questions by leaving a comment below. I'll be on standby.