Rules
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In Quicken, when you enter the payment to Revenue Canada or the provincial government for the taxes you've collected, be sure to create a transfer to the GST/PST account. You need to decrease the amount in that account, since you've sent the money in to the appropriate agency. Your GST/PST accounts decrease as you make payments to Revenue Canada or the provincial government.
1 Open your chequing account (or whatever account you use to pay your business expenses).
2 Enter a transaction that remits your tax.
In the Num field, select Transfer from the drop-down list.
In the Payee field, enter the name of the tax agency, such as "Receiver General for Canada."
Quicken Deluxe comes with a printed user's guide, "
Quicken 2000 User's Guide," Quicken Deluxe also comes with an online manual "Getting More for your Money" that describes how you can use Quicken to achieve specific financial goals. The onscreen version is in Adobe Portable Document Format (PDF), and you need Adobe Acrobat Reader to view it.
If you do not have Adobe Acrobat Reader installed on your PC, download it from Adobe and follow the onscreen installation instructions (Internet access required)...