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July 2, 2021
Question

First time using qb. Our business registered on June 1st and we are filing quarterly with Cra. Can I start our first reporting period from quarter 2 start or not?

  • July 2, 2021
  • 1 reply
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1 reply

Level 6
July 2, 2021

Hello sapphireandsonco, 

 

Welcome to the QuickBooks family! It's great to have new members like you. I'll be glad to steer you in the right direction with filing starting your first reporting period from the second quarter. QuickBooks offers a variety of tools and resources that help you streamline your business with ease. 

 

You can change your filing frequency in QuickBooks using the steps below:

  1. Click on Taxes from the left menu.
  2. Choose Sales Tax at the top.
  3. Click on Manage Sales.
  4. On that page, navigate to the drop-down arrow beside Add Rate.
  5. Hit Edit Agency Settings.
  6. From here, apply the appropriate adjustments. 

Give this a try and let me know how you make out in the comments below. I'll be one message away in case you need additional assistance.