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Categories AgExpert Accounting AgExpert Analyst
Created by AgExpert Support
Created on Mar 6, 2017

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Hi, how do you enter a Low Income GST return into AgExpert. I need to enter it now because its been deposited into the business acct. that I need to reconcile. Thank you!

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Joanne, if you're referring to the GST credit that is issued to all qualified Canadians quarterly then you would offset the deposit against PA (Personal Advances). You can create an account specifically for the GST credit or you can use one of the existing accounts.
    If you are a Corporation then offset the deposit against L+ Shareholders Loan.

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