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sales56
Level 1

How do I record "paid corporation tax"

 
Solved
Best answer July 26, 2019

Accepted Solutions
John C
QuickBooks Team

How do I record "paid corporation tax"


Hi sales56

 

Create an expense, in the category column you can create a corporation tax expense account or select the relevant account, i.e. if you have created either a liability account or equity account, where your corporation tax is posted to from the retained earnings.

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1 REPLY 1
John C
QuickBooks Team

How do I record "paid corporation tax"


Hi sales56

 

Create an expense, in the category column you can create a corporation tax expense account or select the relevant account, i.e. if you have created either a liability account or equity account, where your corporation tax is posted to from the retained earnings.

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