GST acquisition of real property 1 entry go to line 106 of return, cant get ofsetting entry to go to line 205 of return. SaleTax, Manage, Adjust return doesnt work-help!

In the File Sales Tax screen, click on 205 to select, then click Adjust Return.... Fill in the Adjustment screen - does NOT work at all!

Answer

Greetings, heyu_ru4real.

I appreciate you checking in with us. I'm here to address your concern with sales tax adjustment in QuickBooks Desktop.

You can only process a sales tax adjustment if any of the following has occurred:

  • You need to write off the sales tax portion of a bad debt. For example: If a customer's cheque bounces, you can write off the bad debt and claim back any sales tax you remitted to the government on the sale. You make the claim by adjusting your sales tax liability. 
  • You can claim provincial compensation or commission. 
  • You need to make an installment payment.

As a reference, you can also check out this article to learn more about processing sales return: Adjust sales tax return.

If none of these apply to you, I recommend reaching out to an accountant for help adjusting your sales tax return.

This should point you in the right direction. Let me know if you have further questions. I'm here to answer them. Have a great weekend.

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IntuitJane , Community Support Specialist
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