Sales Tax Adjustment on Customer Invoice?

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Subject Author Date Sales Tax Adjustment on Customer Invoice? Joanne 08-25-2006
Posted by Joanne on August 25, 2006, 10:55 am Please log in for more thread options When recording "after the fact" customer invoices, what is your solution for adjusting miscalculated sales tax from the original invoice? I've been using a special account for the adjustment plus or minus because I can't figure out an easy way to change the calculated amount. Often, it's only a few pennies. What I don't like about this method is that it results in an additional GL account for the adjustment. I know I can record it correctly and discount when paid, but often the issued invoice balance is the only way I can match the payment to an invoice because there are no better clues on the deposit slip. -- Sincerely, Joanne If it's right for you, then it's right, . . . . . for you!!! http://www.jobird.com Similar Threads Posted QuicbooksPro Can I edit an inventory adjustment that has already been saved? November 18, 2007, 12:06 am Sales by Customer Summary Report problem October 17, 2006, 12:02 pm Invoice amount against Sales Order? June 19, 2007, 5:14 am How to know a customer has credit when creating invoice February 26, 2009, 3:19 pm Exporting Customer list from QB Invoice Manager ? February 18, 2009, 8:26 am Are gross sales taken from Income Tax Summary report or Sales Tax Liability report when filling in State Sales Tax Forms Gross Sales Field? March 3, 2009, 10:28 am Paying invoice without invoice number? July 24, 2006, 11:41 pm Sales tax? December 13, 2006, 8:53 am Sales by Country July 18, 2006, 10:18 am Sales by Country July 18, 2006, 10:19 am