Proper posting of invices/payments?

[Alice Lee]

When you receive payment, debit your bank account and credit accounts
receivable.  When you pay out the HST, debit HST and credit cash.

-----Original Message-----
From: gnucash-user
[mailto:gnucash-user-bounces+alee212007=satx.rr.com at gnucash.org] On Behalf
Of W Pawlowski
Sent: Monday, March 16, 2015 3:06 PM
To: gnucash-user at gnucash.org
Subject: Proper posting of invices/payments?

I wonder what is the proper way to accounts for invoices issued and then
paid in GnuCash????
Right now when I issue an invoice to my customer I put the total amount as
asset in "Accounts Receivable" under "Total Invoice", Total -  HST into
Income: Sales under "Total Payment" and HST as Liabilities: HST: HST Payable
also under Total Payment.

So my entry in Accounts Receivable would look like this:

Assets: Accounts Receivable            $1,130.00
Income: Sales                                                      $1,000.00
Liabilities: HST: HST Payable                                $   130.00

Now when I get the payment I basically change the Assets: Accounts
Receivable to Assets: Checking Account

Is this the proper way to record this type of transaction? Or how should it
be done?
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