How to Create a Sales Tax Credit
Criteria of the Job
The job must be invoiced to AR in full before performing a sales tax credit. Once the job is fully billed, the system can then make the appropriate ledger postings on behalf of the actual tax.
Create the Credit
Find Job
Begin at the job in the sales order file. find the job you'll be using to create the sales tax credit. Click the Change Order button on the top toolbar.
Create Credit
Select the "create credit" button by clicking on it and confirm through the warning message regarding the material. You are not using this method to credit materials back to the job...ever. You are solely using this option to create a sales tax credit ONLY.
Tax Credit
Click on the "Tax Credit" button at the top right of the sub-screen that opens.
The system will create the tax credit invoice automatically and make a credit entry to the sales tax report. #1 in the screenshot shows the original tax posting and #2 shows the credit provided by the sales tax credit created in the above steps.
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