BKP'G - GST/HST Workflow - QBO Sales Tax Module - Netfiling - November 2024

About this template

This template has step-by-step team instructions for using the QBO sale tax module and Nefiling the GST/Hst. The client tasks include reminding them to pay the amount owed, but if your firm pays the taxes, change the task from the client to the team. The P&L sales often do not match the tax module sales amount. Here is an article that may help troubleshoot the problems. https://cloudaccountingtemplates.com/blog-sassy/canadian-qbo-sales-tax-codes?rq=qbo

Work type: Tax

Location: Canada

Client industry: Generic

This template includes

5 tasks
3 client tasks

Team Tasks

Preparing/Validating GST/HST

Bookkeeper

Run Detail By Tax Code Report - Tax applied correctly? Correct if not.

Run Custom GST/HST Reports. Upload to Firm Controlled Folder. Leave Open in Tab.

Taxes, Sales Tax. Choose The Tax Agency Associated With The Return To Prepare The Return For Using The Drop-down.

Returns tab, Select Prepare Return Beside The Next Return You Need To File.

Check The Dates Populated In The Start Date And End Date Fields Note: Quickbooks Online Automatically Adds The Dates Of Your Most Recent Sales Tax Period, Based On The Payment Schedule For The Cra. If Necessary, You Can Change Them, But Remember That Your Payment Schedule Is Set By The Cra. You Can't Change The Dates, They Are Just For Your Own Requirements.

Review The Lines Of The Sales Tax Return, With The Balance Owing (Or Refund Due) At The Bottom.

Download filing report and add to client approval task and upload to shared client folder

Bookkeeper

	Client Tasks Client Tasks
	Please download, review and either approve (check off task here) or contact us with concerns, question and/or changes

Client Tasks Client Tasks

Please download, review and either approve (check off task here) or contact us with concerns, question and/or changes

Team Tasks

Filing GST/HST Using Netfile

Bookkeeper

Open GST/HST Netfile

Click Ready To File, Then Continue

Add BN And The Client Access Code

Add Reporting Dates

Select Checkboxes If Any Apply, Click Next

Copy Collected From QBO Report (final client approved one), ITCs & Owing, Confirm & Save

Download Confirmation Report - Upload To Shared Client Folder

Close Sales Tax Period

Bookkeeper

On The Prepare Sales Tax Return Page, Select Mark As Filed. Select Continue

PDF The Quickbooks Sales Tax Return. Upload To Firm Controlled Client Folder

QBO - Record A Payment To Or Refund From The CRA

Bookkeeper

Choose Filed From The All Returns Drop-down

Select Record Payment From The Drop-down In The Action Column

Select The Appropriate Payment Type

Enter The Payment Date, Or The Date Which You Or The Client Paid The CRA

Client Tasks Client Tasks

Your sales tax has been filed, please download this report and put it somewhere secure

Please pay the amount owing before or on the last day of this month