G/L - GST/HST Reconciliation (report)

The G/L - GST/HST Reconciliation report compares GST/HST postings in the general ledger to the underlying GST/HST entries. The report helps ensure you have transaction-level entries that support your reported GST/HST amounts.

Use this report during GST/HST filing periods to validate that posted GST/HST entries match the GST/HST amounts in your general ledger. This report is important for accurate tax filings and audit readiness.

Use cases

Reconcile GST/HST amounts in the general ledger with posted GST/HST entries. The report helps ensure accuracy when you file taxes. Use filters such as posting date and GST/HST period to validate that reported GST/HST aligns with transaction-level data. The alignment helps you be compliant and ready for audits.

Tip

Here are some tips on how to use the report:

  • Catch discrepancies early by using the report during GST/HST filing periods.
  • Apply filters to narrow the scope to specific GST/HST periods or posting dates.
  • Ensure all GST/HST entries are properly posted and reconciled with the G/L.
  • Confirm GST/HST accuracy by using the report as part of your audit preparation checklist.

Accountants can use the report to:

  • Verify GST/HST postings.
  • Ensure compliance with tax regulations.

Controllers can use the report to:

  • Oversee GST/HST reconciliation processes.
  • Support internal control and audit readiness.

Auditors might reference the report to:

  • Confirm the completeness and accuracy of GST/HST filings.
  • Trace GST/HST amounts from the G/L to source entries.

Try the report

Try the report here: G/L - GST/HST Reconciliation

Tip

If you hold down the CTRL key while you select the report link, the report opens on a new browser tab. In this way, you can stay on the current page while you explore the report on the other browser tab.

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