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Créé le 6 mar. 2017

Disqus Agexpert Accounting Questions Archive

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!

  • RÉPONSE
    10 fév. 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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