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Dlmm324
October 23, 2021
Question

Why did the system create an HST Instalment?

  • October 23, 2021
  • 1 reply
  • 0 views
I have an HST Insyalment on my Balance Sheet, where did it come from? How do I get rid of it

1 reply

October 25, 2021

Hello Dlmm324, 

 

Welcome back to the Community. I trust that business is going well on your end. It's vital you know why the system created the HST instalment and I'll be glad to steer you in the right direction. QuickBooks offers a versatile payroll module that helps you keep track of your taxes. 

 

To get started, what happens when you click on the HST instalment on your Balance Sheet? By clicking on the transaction amount, you'll be able to get an idea of how it appeared on your account. Once you open the transaction, you'll also see an option to delete it at the bottom of your screen. I also recommend consulting with your accountant to make sure you're dealing with the transaction in the right way. 

 

Give this a try and keep me posted on how you make out. I'm here to help you achieve your QuickBooks goals.