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How do i show that money actually went against the debt and pay off last qtrs credit and credit it also to the qtr with the debt?
You have two options for recording your GST payment, @rebecca16.
The first option is to record the refund as a deposit and the GST payment as an expense and the second option is to use a journal entry to offset the debt.
Here's how to record it as deposit.
Once the refund is recorded, you can then enter the GST payment as an expense
For recording through journal entries, I recommend consulting your accountant. They can advise on the correct debits and credits to ensure everything is recorded properly.
Please let us know if you have further concerns or clarifications.
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