HST rebate amount correction

[GSA Candace]

I mistakenly have been claiming the taxes on our insurance in the HST when I filled out the form in Maintaining Repeating Items. I got a call from the CRA saying to stop. They have waived the error up to the end of June, but I do need to go back to correct July and August. They were EFT transactions so there are no cheques numbers and the total $ doesn't change, just the HST rebate amount has to be deducted from the HST Receivable and added to the Insurance expense. Can I just reverse & correct from the View Posted Transactions, or do I need to do it from the Accounts Payable?

[NeilZ]

I mistakenly have been claiming the taxes on our insurance in the HST when I filled out the form in Maintaining Repeating Items. I got a call from the CRA saying to stop. They have waived the error up to the end of June, but I do need to go back to correct July and August. They were EFT transactions so there are no cheques numbers and the total $ doesn't change, just the HST rebate amount has to be deducted from the HST Receivable and added to the Insurance expense. Can I just reverse & correct from the View Posted Transactions, or do I need to do it from the Accounts Payable?

You should always do corrections from the original module where the transaction was created. Without doing that the original module will have different data than the Fund Accounting system. This is true for Accounts Payable, Accounts Receivable, and Payroll.