How do you record the GST payment made for the prior year GST Return. YE is 01/31/24 and the payment was made 02/16/25. Thanks,.

You can record the sales tax payment from the tax center in QuickBooks, p-seu-dio. The instructions provided below will lead you through a detailed, step-by-step process.

In QuickBooks Online, you can manually record sales tax payments right after you prepare a return. This process will clear your payables and keep your info up-to-date.

Here's how:

1. Select Sales tax in the left panel.
2. In the Filings tab, find the return you just filed from the Filed section.
3. Click the View summary dropdown, then choose Record payment.
4. Pick the account you're making the payment in the Payment From dropdown.
5. Choose the Payment Date and enter the amount in the Payment Amount field.
6. Select the outstanding tax payment and adjust the amount as needed.
7. If necessary, select Add interest/penalty. Provide the details in the Add interest/penalty form and select Save.
8. Hit Record payment.

For more information, please refer to this article: Manage sales tax payments in QuickBooks Online.

Moreover, be sure to re-reconcile the sales tax payment if you need to delete and recreate it in the future to keep your accounting record accurate.

We'll be right here and ready to assist anytime you require assistance handling sales tax payments in QuickBooks Online. You can leave a reply below addressing any queries you have.