I have just started the tutorial with agexpert and waiting for the actual download to arrive. This is a corporation. How do you set up the hst that has not been refunded from the previous year when you first set up? TIA Dave
Hello Dave, you would need to enter the HST as a Receivable Charge for the amount and Asset Sale (A-) and choose the account GST/HST Paid using the last date of the previous fiscal year, This will create a Historical Receivable for you and once you receive the money, you will be able to deposit it and use the receivable payment to clear it. I hope this helps!