Been a user of Quickbooks for farm books for years now, FAR from an "accountant" so please bear with me!
I discovered that when I submitted my 2nd quarter HST I didn't claim enough/correctly. I claimed $535.97 through website, but I should have claimed $587.39 according to my program. Now, onto 3rd quarter, I claimed $460.79, but still have been unable to fix the 2nd quarter mistake and would like to do that before doing final claim for the 2024 year.
How do I go about fixing this? Do I somehow do a tax adjustment for the 4th quarter? How do I receive the payment from 2nd quarter - can I short receive the amount owed to me by Receiver General? By not receiving the amount from 2nd quarter, is it messing up my current HST by chance?
Another issue I have, I do not understand journal entries or how to do them, so if that is needed - I don't know how to do that at all.
I'm using Quickbooks 2020 Pro version on desktop
Yeah, I need a bit of help to say the least!
Any insight would be great.
Thank you
