Tuesday, January 22, 2019

Total Sales under the Sales Tax Analysis report is not matching the total revenue accounts in the Income Statement Report.

The Sales Tax Analysis Report displays transactions with an assigned tax code.  Total Sales column does not necessarily match the total of the Revenue accounts on the Income Statement Report. Reasons might include the following:

1.    Shipping Costs posted against other nominal accounts included in the Sales Tax Analysis Report because tax code is assigned on the transaction but not part of total Revenues under the Income Statement because of the account where the transactions was posted into.

2.    Posting to Revenue accounts reflected on the Income Statement but are not displayed on the Sales Tax Analysis report because no tax code was associated.

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