So when I go through 'Banking' on the left-hand side, I see there is a GST payment made from one of the accounts. My question is, what category does it go under? Do I just put it under GST/HST Payable? How do I account for it?

Rebecca R

I have the same question. Did you find the answer?

Hi there @mbillard and thanks for joining in on this thread for support.

I know how important it is to accurately account for your income and expenses, and knowing how to categorize these transactions when they appear in the bank feeds can sometimes be confusing. As @AddieC explained above, this question is a great one to ask an accounting professional, as our team specializes in support for the technical side of QuickBooks. However, I have a few pointers that might help you out.

If you're using the Sales Tax module that's built into QuickBooks Online, you should have filed your taxes for the period that you made the payment towards. Once you file in QBO, you'll be able to record the payment directly in the Sales Tax centre, and then match that payment transaction that's generated to the one that appears in the bank feed. When you click on the payment line in the bank feed you should see the option to Find match, which can help you narrow it down. If this doesn't quite work and you'd like more clarification, don't hesitate to reach out to one of our ProAdvisors or your own accountant.

Hopefully some of the accounting professionals that make their rounds in the Community will pop by this thread to shed some light on this for you. Take care, and have a great day.

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