Skip to main content

Get 50% OFF QuickBooks for 3 months*

Buy now
Switch to QuickBooks and 70% off for 3 Months
January 22, 2024
Question

Is the gst on a 'voided' invoice, credited to the gst account?

  • January 22, 2024
  • 1 reply
  • 1 view
No text available

1 reply

Level 5
January 22, 2024

Hi there robert-mvdl-ca,

 

Thanks for reaching out about your voided transaction. QuickBooks Online is a great tool able to help you keep track of sales tax on transactions so you know the amount to declare. I can provide some information about voided transactions.

 

When a transaction is voided in QuickBooks Online, all amounts are zeroed, including the taxes, which will reduce the amount in the GST account.

 

If you have any other questions, feel free to reach out here.