When I file my 2019 personal income tax for income earned in 2018, the government will send me a monthly cheque based on my 2018 income. What should the credit side of the journal entry look like when I initially record this? Should I be treating this as income? I know I should Debit Benefit Receivable for the amount. When the government pays me, I know I would Debit Bank, Credit Benefit Receivable.
If anyone is from Canada, this is referring to the Ontario Trillium Benefit and the GST/HST Credit. -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
