Sales > Managing Sales Tax > Step 4: How to deal with making adjustments
To record a credit received
1
Go to the Banking command center and click Receive Money. The Receive Money window appears.
Deposit to Account—In the Deposit to Account field, type or select the required bank account.
Group with Undeposited Funds—Choose this option if you want the deposit to be recorded in the undeposited funds account. After you have grouped all the deposit transactions you want, you can make one bank deposit for all the undeposited funds. For more information, see ‘Bank deposits’.
3
In the Payor field, type or select the payor’s name.
4
In the Amount Received field, type the amount received.
5
[Optional] In the Payment Method field, select the payment method.
6
[Optional] If you want to record additional details about the transaction, such as a check number, click Details and record the details in the Applied Payment Details window that appears.
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[Optional] Type a detailed comment in the Memo field to help you identify the transaction later.
11
Click Record.
To record a penalty or fine
To correct a tax variance
1
Go to the Reports menu and select Index to Reports.
2
Click the Sales tab.
3
Scroll down to the Sales Tax section and select Tax Amount Variance report.
4
Click Customize to select the Tax Codes and the filters available for this report.
5
Click Display. The Tax Amount Variance report is displayed.
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9
Click OK. The original transaction reappears.
10
Click OK to close the window. The report is displayed.
11
Click Close.

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