How to remit PST


  1. Print PST Reports, include Exception Reports, for the period that is being remitted.
  2. Print Transaction Listing by Account for the PST Billed/Collected general ledger
  3. Review reports for errors, make any adjustments as necessary
  4. Enter a G/L Adjustments or Journal Entries to record the clearing of the PST Billed/Collect (2056)  and the Income (for the commission) account (4020), to the PST Payable (2060)
    • General ledger accounts are listed as the default, your firms accounts may be different
  5. Write General Cheque to the PST Payable for the remittance.