Sales Tax Adjustment on Customer Invoice?

Aug 25, 2006 0 Replies

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.


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