Cient is a yearly GST payer
1- My client had to pay 2018 and 2019 GST but their GST wasn't set up in QBO until 2020. I did a JE debit GST Payable and credit GST Suspense. Was this the best way to do this?
2- After doing the JE for 2018 and 2019 and filing with the CRA, the client came back with more expenses. I know these ITC's can be used in 2020. Should I create a GST Owing/Refund acct and then a JE debit GST Payable and credit GST Owing/Refund? If so, when I file GST for 2020, how to do I ensure the missed ITC's are then claimed and properly recorded so the clients records are properly maintained?
3- My client paid the GST via transferring money out of the account to herself and paying at the bank, in the bank feed how do I match this to the JE done in part 1?
Many thanks!
