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Balancing out my HST Account

APD Toronto
APD Toronto asked
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Last Modified: 2018-09-07
Hi Experts,

I need some help in balancing out my HST Account. In particular, for one period, I spent more than I made, and CRA posted a CR of $5.05 to my account, towards my HST Balance

The issue is when I filed this particular return within QB, it posted the $5.05 to my Receiver General - A/R, opposed to reducing my A/P, in order to balance out with CRA. For this transaction, I located the following Journal Entry under Receiver General (vendor), not A/R.

Journal Entry
When I try changing the second line to A/P with the Receiver General (Vendor) as Name, I get

QB Warning
Based on this error, I also assume that I cannot DR A/R and CR A/P.

How can I fix this, and bring the $5.05 into my A/P? I'm using QB 2012

Thank you.
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Business Consultant (Owner)
Most Valuable Expert 2012
Expert of the Year 2018
Commented:
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APD TorontoSoftware Developer

Author

Commented:
Thanks John. Creative!
JohnBusiness Consultant (Owner)
Most Valuable Expert 2012
Expert of the Year 2018

Commented:
You are very welcome. I always look for easier ways than all the tax implications of an HST Journal Entry (which can be mucky)

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