Dina

We usually credit the original invoice exactly the way that it was invoiced.
Cross post those invoices and then rebill with a misc. invoice the correct
amount. It is very clean accounting wise.

De Anna Godfrey
V.P. of Business Operations
McNeal Enterprises, Inc.
408.922.7290 x14
fax 408.922.0728

Message: 21
Date: Thu, 15 Feb 2001 15:20:06 -0500
From: Dina Hieber <dhieber@...>
Subject: Credit Memo - Just Sales Tax

We charged a customer to much sales tax. (We charged them sales tax on
freight) My a/r person did not catch it. The customer did. How do
we give them a credit memo just for the sales tax. If enter a credit
memo, enter the tax amount under tax - You get a posting error becuase
the line item is Zero.

Any ideas?

Thanks,
Dina

We charged a customer to much sales tax. (We charged them sales tax on
freight) My a/r person did not catch it. The customer did. How do
we give them a credit memo just for the sales tax. If enter a credit
memo, enter the tax amount under tax - You get a posting error becuase
the line item is Zero.

Any ideas?

Thanks,
Dina

Dina, what we do is issue a credit for the freight + tax then generate a new
invoice for the freight only. Make sure to credit and debit the appropriate
tax and resale accounts.

HTH
Danice

Danice,

Well I thought of that but before she told me - she posted a cash receipt for
it. Can I just go to adjustment under account receivable? Then adjust it
there to the sales tax account?

Thanks,
Dina

Danice Ruscigno wrote:

> Dina, what we do is issue a credit for the freight + tax then generate a new
> invoice for the freight only. Make sure to credit and debit the appropriate
> tax and resale accounts.
>
> HTH
> Danice
>
>
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Dina, the check she posted should have left a balance due, correct? You can
still issue a cm for the freight+tax and an invoice for freight only. This
should leave a credit amount equal to the balance due. Just apply the cm to
the balance due and new invoice. I believe the only adjustment you can make
in cash receipts is for a discount. You can zero the invoice by calling the
balance due a discount, but this will not adjust the sales tax report.

Danice