Adjusting GST or HST Payable

There are times when you need to adjust your GST/HST payable to reflect on the GL and on the GST/HST Journal report. This article will guide you through.

1. Go to Add Entry > Operating Out. 
2. Fill in the details of the entry, noting the following:
   • Date - This is when the entry will show on your GL report and GST/HST Journal.
   • Amount - This needs to be zero (0).
   • GST/HST- This should show the GST amount you need adjusted. A negative amount will increase the GST/HST payable (credit), a positive will reduce (debit) it.
     NOTE:  The first time you enter the GST/HST amount it will auto-populate in the Amount field as well. Change the Amount back to 0.00 and then reenter the GST/HST adjustment you are trying to make. It will hold the second time you do this. 
3. Under the allocation section, enter the GL Acct (this cannot be any controlled GL, if unsure, please consult with your accountant).
4. Click Save.
5. Acknowledge and authorize the $0.00 entry on the next screen. This will post the entry on the GST/HST Payable GL and GST/HST Journal report.