How to Process a QST Return 

 

What you need to know: 

A QST return is used to report QST you have collected and paid, along with your sales and other revenue, to the Revenu Québec. Depending on the outcome of the return, you may have a balance owing or be eligible for a refund. 

The QST return includes: 

  • QST amounts entered through transactions and general journal entries. 

  • Unclaimed QST amounts up to the end of the reporting period. 

  • Sales and other revenue transactions recorded during the reporting period, including sales of capital assets. 

When you complete the QST return, AgExpert Accounting generates either a receivable or payable invoice, allowing you to record the payment or refund at a later date.  

What you need to do: 

  • Ensure your QST registration number is entered into the system. 

  • Confirm that your QST reporting period is set up correctly. 

  • Complete all your sales and purchase transactions for the return period. 

 

How to (Step by Step): 

To complete a QST return: 

  1. Click Taxes. 

  2. Select QST. 

  3. Click Process a New QST return. 

  4. Verify the Start Date and End Date are correct. 

  5. Ensure a contact has been chosen in the Summary section. 

  6. Verify the numbers in the Revenue and Balance sections. 

  7. Click Review to view all the transactions that are being fed into this report. 

  8. Once you are confident the information is correct, click Complete QST Return. 

 

To print a QST return: 

  1. Click on the three vertical dots on the line of the report you wish to print. 

  2. Select Print report. 

  3. Click the Printer icon. 

  4. Confirm your printer settings and click Print. 

 

To reverse a QST return: 

  1. Click on the three vertical dots on the line of the report you wish to reverse. 

  2. Select Reverse return and confirm by clicking Reverse return. 

    Note: Once you reverse the newest QST return, you can then reverse the next most recent return. 

References and Additional Resources 

Still have questions? Contact support  

Contact us at 1-800-667-7893 or email support@fccagexpert.ca if you require additional support. You can find other help options under the Question Mark Icon in the top right of AgExpert Accounting at any time.