GST/HST Filing

GST/HST Filing

Keep GST/HST records organized and make sure amounts collected, paid and eligible input tax credits are properly reflected in your books.

GST/HST bookkeeping and tax filing illustration
Who It's For

Built for small businesses that need organized books.

GST/HST-registered small businesses, contractors and self-employed professionals who need their sales tax records organized and ready for filing.

What's Included

Everything you need to keep this part of your bookkeeping organized.

  • GST/HST collected
  • GST/HST paid
  • Input Tax Credits (ITCs)
  • Payment/refund recording
  • Review of GST/HST-related transactions
  • Organizing sales tax information from bookkeeping records
  • Reviewing tax collected on sales
  • Reviewing tax paid on eligible business purchases
  • Recording GST/HST payments to the CRA
  • Recording GST/HST refunds
  • Reconciliation of GST/HST accounts
  • QuickBooks Online GST/HST bookkeeping support
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Why It Matters

Clear records make business decisions easier.

GST/HST bookkeeping requires more than simply recording a payment. Separating tax collected, tax paid and eligible ITCs helps keep your records clear and reduces the chance of missing amounts.

How It Works

A simple process from records to organized books.

01
Bookkeeping records and GST/HST information are reviewed.
02
GST/HST collected and paid are separated and checked.
03
Eligible ITCs are reviewed based on the available records.
04
GST/HST payments or refunds are recorded and accounts are reconciled.
Questions

Frequently asked

How do I know how much GST/HST I actually owe?

The amount depends on the GST/HST you collected from customers and the eligible Input Tax Credits (ITCs) available from business purchases.

Can I claim GST/HST on my business expenses?

Potentially, yes. Eligible business purchases may generate Input Tax Credits, provided the requirements are met and the necessary documentation is available.

What happens if I paid more GST/HST than I collected?

Depending on your circumstances and filing position, you may have a refund rather than an amount owing.

Why doesn't my GST/HST amount in QuickBooks match what I expected?

We can review the GST/HST-related transactions and accounts in the bookkeeping records to identify discrepancies or missing entries.

Can you record my GST/HST payment to CRA?

Yes. GST/HST payments and refunds can be recorded and reconciled with the bookkeeping records.

What happens if I receive a GST/HST refund?

The refund can be recorded and reconciled with the GST/HST accounts so your bookkeeping reflects the payment received.

Ready to get started?

Let's get your books organized.

Tell me a little about your business and what you need help with.