My client paid $3.58 GST/HST amount on top of the actual amount of GST/HST mentioned in the previous year balance sheet. How should I record this $3.58 paid in this FY?

sbbookingplus-gm · ‎April 03, 2024

As CRA suggested he owed $3.58 more, he paid it this year. How should I adjust this amount? Thanks

JamesM4 · ‎April 03, 2024

Hi there,

Welcome to the Community. QuickBooks is a powerful program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work.

Recording your transactions the right way is essential for ensuring your books remain accurate. That said, I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in.

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My client paid $3.58 GST/HST amount on top of the actual amount of GST/HST mentioned in the previous year balance sheet. How should I record this $3.58 paid in this FY?

My client paid $3.58 GST/HST amount on top of the actual amount of GST/HST mentioned in the previous year balance sheet. How should I record this $3.58 paid in this FY?

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