As a default, the application tracks collected GST/HST in the 2201 GST/HST Collected General Ledger (GL) and taxes paid in the 2202 GST/HST Paid GL.
However, many firms prefer tracking all tax amounts collected and paid in one GL account.
This article will outline how to set up the application to track these taxes in one combined GL account, how to print the combined report, and where to find the tax return line item information on the combined report.