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Create or delete a GST adjustment

Learn how to adjust your GST due if you use Automated GST in QuickBooks Online.

With automated GST, it’s easy to keep your GST records accurate. If you received a tax credit, discount, or fine, you can adjust the GST you owe. This way you don’t have to worry about making corrections when it’s time to file.

Here’s how to add or delete a GST adjustment in QuickBooks Online.

Add a GST adjustment

Step 1: Set up an account for GST adjustment

It’s important to use the correct account type when adjusting GST. Set up an expense account if you need to increase your GST due, or an income account if you need to decrease.

Note: If you already have these accounts, move on to creating the adjustment in Step 2.

  1. Select the Gear icon at the top and select Chart of accounts.
  2. Select New at the top right.
  3. From the Account Type dropdown, select Income or Expenses.
    • If you need to decrease your GST due, set up an income account.
    • If you need to increase your GST due, set up an expense account.
  4. Select the account’s Detail Type.
    • Use Sales of Product Income for an income account.
    • Use Taxes Paid for an expense account.
  5. Name your adjustment account (for example, "GST due increase").
  6. Select Save and Close.

Step 2: Add an adjustment

  1. Go to Taxes.
  2. Find the tax period you need to adjust, then select Tax Adjustment.
  3. Select the Account for adjusting tax.
    • Choose an expense account if you need to increase the tax due.
    • Choose an income account if you need to decrease the tax due.
  4. Enter the Debits or Credits amount.
  5. Enter Description, then select a Name.
  6. Enter notes in Memo, then select Save and close.

Delete a GST adjustment

You can also remove an incorrect GST due adjustment. After deleting the adjustment, you’ll no longer see it when you review your GST return on the Taxes screen.

  1. Select the Gear icon at the top and select Chart of accounts.
  2. Find the income or expense account you used to add an adjustment.
  3. Select Run report. Note: If the report appears blank, make sure you've selected the correct Report period and run the report again.
  4. Select the adjustment you need to delete.
  5. Select More, then select Delete.
  6. Select Yes to confirm.

Learn more

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