Sales tax

Also, I want to know

1. If two separate GST/HST returns can be prepared

2. Balance sheet must reflect the GST/HST payable columns according to classes

Thanks for your interest with the sales tax preference in QuickBooks Online, @Ayisha.

To share some insights with you, QuickBooks will allow you to assign a single GST/HST account for sales tax. The option to assign a second account is not yet available for now. This also means that filing only works for the business account set up in the program.

Regarding the Balance Sheet report, it will display the GST/HST Payable and Suspense account. However, these accounts are not displayed by classes, they will go to the Not Specified columns.

Please know that you can share your suggestion within the program through sending a product feedback. Follow the steps below in a web browser:

1. Click the Gear icon and choose Feedback.
2. Enter your suggestion for our engineers on the Feedback box.
3. Once done, press Next to send it.

All our program features and enhancements are launched and created with you in mind. To be updated with the recent and upcoming changes for QuickBooks products, visit these sites:

• QuickBooks New Features and Innovations
• What's New in QBO?

I'm also adding these related links for you:

• Set up and use sales tax in QuickBooks Online

• Run a balance sheet by class or location

• FAQ: Basic troubleshooting for balance sheets

If you have any questions or need further help with QuickBooks sales tax, feel free to visit us anytime. You can also mention my name on your posts and I'll be more than happy to help. Have a nice day!