How do I set up an account to track GST paid on purchases, for income tax time?

Hi, info2343,  

QuickBooks automatically tracks GST based on the tax codes and settings you configure. To ensure all GST paid is reflected accurately in your reports, you’ll need to set it up properly. Here’s how:  

1. Go to the Sales Tax menu, then select Manage sales tax.
2. Locate the Canada Revenue Agency card and click Add custom rate.
3. Enter the Tax name.
4. Tick the box for I pay this on purchases.
5. Enter the Tax on purchases rate.
6. Select Liability from the Account drop-down.
7. Choose the Input tax credit from the Show tax amount on return line drop-down.
8. Click Add.

If you mean something else, please don't hesitate to add more information below. We're here to assist you further.