GST Input & Output Accounts set up
I am new in QBO.
I have created the Taxes functions for GST with all the auto generated tax rate by QBO.
However, if I want to split the GST input & GST output into 2 different sub-account under GST Control Account QBO, How can I start with?
1 - Create New Account - (GST Input & GST Output) under chart of account under Current Liabilities - GST Control A/c
2 - For example, if I created as per No.1 (above) in QBO, after posting purchase with select tax code 7% TX (purchases with GST incurred), will this 7% amount goes into new created account - GST Input tax OR it will goes to GST Control Account?
3 - How can I link the 7% GST input tax amount into GST Input Tax Account (If I have created this new account in COA)?