The Q1 installment payment is recorded in the GST installments-other current liability account (sub account of GST Payable). When I checked the report in preparation for submitting the Q2 installment payment I see the first installment isn't appearing on Line 110 of the GST/HST Return Report.
I cannot see where the Report is pulling information from for Line 110. Thanks.
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I can help you with this, Jan.
In order to record the installment payment in QuickBooks Desktop for your GST Return, you need to write a cheque to the Tax Agency like Receiver General and add the Sales Tax Item in the Items tab.
To do this:
Once the installment cheque is made, you would be able to see it in the Tax Agency Detail Report.
Let me know if you have any other questions.
Alen
I can help you with this, Jan.
In order to record the installment payment in QuickBooks Desktop for your GST Return, you need to write a cheque to the Tax Agency like Receiver General and add the Sales Tax Item in the Items tab.
To do this:
Once the installment cheque is made, you would be able to see it in the Tax Agency Detail Report.
Let me know if you have any other questions.
Alen
Hi,
For some reason, I can't see the Items tab you are referring to. I only have the Categories listing GL accounts - am I not looking in the right spot?
Thank you,
Olena
Hello @OR83 ,
It sounds like you may be using QB Online. The OP in this thread is using QB Desktop, which is what the instructions above are referring to.
In QBO you would go to Taxes-->Sales Tax-->Payments tab-->Record Instalment.
Choose your account (Chequing or whatever account you use to pay taxes), and fill in the filing date and the payment date, amount and any memo you want. This will record your instalment payments against an annual filing.