BookSmarts Blog

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Recording HST Instalments in QuickBooks Online

November 25, 2020

Are you required to make instalments to your HST account prior to filing a return?  Entering sales tax payments in QuickBooks Online requires the use of the Sales Tax page to ensure that your payments are applied to the correct filing period.  Follow these steps to make sure you record your instalments correctly in QuickBooks...

UPDATED: Managing the COVID-19 Temporary 10% Wage Subsidy in QuickBooks

March 31, 2020

Due to the COVID-19 crisis, the Government of Canada has introduced a number of initiatives to assist businesses.  The types and terms of this assistance have proven to be dynamic, therefore the best source of current information on your business’ options can be found on the Canada website: https://www.canada.ca/en/department-finance/economic-response-plan.html#businesses One of the earlier subsidies announced...