bank transaction

Is HST Accounted for in QB’s Downloaded Bank Transactions?

 If you are one of those people that decided to work with your QuickBooks by downloading all your transaction from your bank, how are you accounting for your HST? QuickBooks doesn’t know that there is HST in a bank transaction, such as in a cheque payment or a Visa charge. Are you making sure that you break that amount out when you match the transaction as shown in the screenshot? If not,...

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